Keurig Dr Pepper: Dividend Insights
Portfolio Pulse from Benzinga Insights
Keurig Dr Pepper (NASDAQ:KDP) announced a quarterly dividend of 21.5 cents per share, with the ex-dividend date set for Thursday. Shareholders owning KDP stock by the end of Wednesday are eligible for the dividend, which will be paid on January 19, 2024. The stock is expected to open 21.5 cents lower on the ex-dividend date.
January 01, 2024 | 2:45 pm
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Keurig Dr Pepper is set to pay a quarterly dividend of 21.5 cents per share, with shares expected to open lower by the same amount on the ex-dividend date.
The stock price of KDP is likely to decrease in the short term by the amount of the dividend on the ex-dividend date, as the market adjusts for the payout. This is a common occurrence with stocks on their ex-dividend date. However, the overall impact may be minimal as dividends are typically priced in by the market, and long-term investors may not be influenced by this short-term price change.
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