Keurig Dr Pepper: Dividend Insights
Portfolio Pulse from Benzinga Insights
Keurig Dr Pepper (NASDAQ:KDP) has announced a quarterly dividend of 21.5 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 21.5 cents lower. Shareholders who own KDP as of the end of Wednesday's session are eligible to receive the dividend payout. The dividend will be paid out to shareholders on October 13, 2023.
September 25, 2023 | 2:46 pm
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Keurig Dr Pepper's announcement of a 21.5 cents per share dividend may lead to a short-term decrease in the stock price as it goes ex-dividend. However, this is a regular part of the dividend process and not a reflection of the company's performance.
When a stock goes ex-dividend, it typically opens lower on the ex-dividend date to reflect the payout. This is a normal part of the dividend process and does not reflect negatively on the company's performance. However, it can lead to short-term price volatility.
CONFIDENCE 90
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