Dr Pepper Snapple acquisition completed Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Keurig Dr Pepper As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Keurig Dr Pepper As of October 10, 2023	KDP	$0.86	7.5%	6.7%	25.0%
Soft Drinks	2.8%	3	7.5%	Quarter	2018

Dr Pepper Snapple acquisition completed

Tuesday 10 July 2018

The acquisition of Dr Pepper Snapple Group (DPS) by Keurig Green Mountain has been completed. The shareholders of DPS will receive a $103.75 per share special dividend because of the transaction and the stock will no longer be listed.

Last year DPS hiked its dividend by 9.4 percent, marking the 8th consecutive year of dividend increases. Keurig Green Mountain was acquired in 2016, ending its stock market listing. The new company will be named Keurig Dr Pepper.

Dr Pepper Snapple Group, Inc. is an owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico. In addition to Dr Pepper and Snapple, its more than 50 brands include 7UP, A&W, Bai, Canada Dry, Clamato, Crush, Hawaiian Punch, IBC, Mott's, Mr & Mrs T mixers, Peñafiel, Rose's, Schweppes, Squirt and Sunkist soda.

Keurig Dr Pepper

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