Dr Pepper Snapple Group Raises Quarterly Dividend 67% to $0.25 Per Share
PLANO, Texas, May 19 /PRNewswire-FirstCall/ -- Dr Pepper Snapple Group, Inc. (NYSE: DPS) today announced that its Board of Directors declared a quarterly dividend of $0.25 per share on the company's common stock. This represents a 67% increase in the quarterly dividend rate and follows the company's attainment of its target capital structure. The dividend is payable in U.S. dollars on July 9, 2010, to shareholders of record on June 21, 2010.
About Dr Pepper Snapple
Dr Pepper Snapple Group, Inc. (NYSE: DPS) is the leading producer of flavored beverages in North America and the Caribbean. Our success is fueled by more than 50 brands that are synonymous with refreshment, fun and flavor. We have 6 of the top 10 non-cola soft drinks, and 9 of our 12 "power brands" are No. 1 in their flavor categories. In addition to our flagship Dr Pepper and Snapple brands, our portfolio includes Sunkist soda, 7UP, A&W, Canada Dry, Crush, Mott's, Squirt, Hawaiian Punch, Penafiel, Clamato, Schweppes, Venom Energy, Rose's and Mr & Mrs T mixers. To learn more about our iconic brands and Plano, Texas-based company, please visit www.drpeppersnapple.com.
SOURCE Dr Pepper Snapple Group, Inc.
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