Keurig Dr Pepper Inc., formerly Dr Pepper Snapple Group, Inc., will start paying a 15 cent per share quarterly dividend. Earlier this year the acquisition of Dr Pepper Snapple Group was completed. This is the first dividend paid by the newly formed Keurig Dr Pepper.

The next dividend will be paid on October 19, 2018 to shareholders of record on October 5, 2018. The annual dividend rate will be 60 cents per share. Previously Dr Pepper Snapple Group had been paying a quarterly dividend of 58 cents per share.

Keurig Dr Pepper Inc., formerly Dr Pepper Snapple Group, Inc., is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. The Company's segments include Beverage Concentrates, Packaged Beverages and Latin America Beverages. The Company's brand portfolio includes CSD brands, such as Dr Pepper, Canada Dry, Penafiel, Squirt, 7UP, Crush, A&W, Sunkist soda and Schweppes, and NCB brands, such as Snapple, Hawaiian Punch, Mott's and Clamato. The Company's NCB brands include Snapple, Hawaiian Punch, Mott's, FIJI mineral water, Clamato, Yoo-Hoo, Deja Blue, Bai Brands, ReaLemon, AriZona tea, Vita Coco coconut water, Mr and Mrs T mixers, BodyArmor, Nantucket Nectars, Garden Cocktail, Mistic and Rose's.