Keurig Dr Pepper (KDP) declares first quarterly dividend of $0.15/share

• dividend of $0.15 per share, payable on October 19, 2018 to shareholders of record on October 5, 2018. 

BURLINGTON, Mass. and PLANO, Texas, Sept. 13, 2018 /PRNewswire/ -- Keurig Dr Pepper (KDP) announced today that its Board of Directors authorized a quarterly dividend program and declared its first quarterly dividend on the Company's common stock.  KDP will pay a dividend of $0.15 per share, payable in U.S. dollars, on October 19, 2018, to shareholders of record on October 5, 2018. 

The Company has determined that the former Dr Pepper Snapple Group dividend reinvestment plan ("DPS Direct Invest") will remain in effect for the current dividend, and the Company expects to replace the DPS Direct Invest program with a new shareholder funded plan, beginning with the next quarterly dividend.

Commenting on the dividend declaration, Keurig Dr Pepper CFO Ozan Dokmecioglustated, "We are pleased to announce our first quarterly dividend of $0.15 per share.  This is consistent with our expectation to pay an annualized dividend of $0.60 per share established at the time the merger transaction between Keurig Green Mountain and Dr Pepper Snapple Group was announced on January 29, 2018."

ABOUT KEURIG DR PEPPERKeurig Dr Pepper (KDP) is a leading coffee and beverage company in North America, with annual revenue in excess of $11 billion. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. The Company maintains an unrivaled distribution system that enables its portfolio of more than 125 owned, licensed and partner brands to be available nearly everywhere people shop and consume beverages. With a wide range of hot and cold beverages that meet virtually any consumer need, KDP key brands include Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's® and The Original Donut Shop®. The Company employs more than 25,000 employees and operates more than 120 offices, manufacturing plants, warehouses and distribution centers across North America. For more information, visit www.keurigdrpepper.com.

DDR Corp. (DDR) declared Q3 2018 common stock dividend of $0.20 per share

DDR Corp. is a publicly traded real estate investment trust that invests in shopping centers.

• Headquarters: Beachwood, OH
• Number of employees: 540 (2016)
• ddr.com
• ex-div date: Sept 25; $0.20 per share; payable on October 10, 2018 

  

BEACHWOOD, Ohio--(BUSINESS WIRE)--

DDR Corp. (DDR) declared its third quarter 2018 common stock dividend of $0.20 per share. The common stock dividend is payable on October 10, 2018 to shareholders of record at the close of business on September 26, 2018.

About DDR

DDR is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol DDR. Additional information about the Company is available at http://www.ddr.com/.