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Data last updated: Sep 06, 2026
Snapshot (as of Sep 06, 2026): Keurig Dr Pepper Inc. (KDP) pays a $0.92 annual dividend ($0.23 quarterly), yielding 2.82% at $32.59/share. Next ex-dividend date 2026-06-26. 6 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.82%
Annual Dividend: $0.92 per share
Payout Ratio: 91.3%
Ex-Dividend Date: 2026-06-26
Dividend Frequency: quarterly
Sector: Consumer Defensive
Years of Dividend History: 18
Keurig Dr Pepper Inc. dividend income comes from one of North America's largest beverage companies, built around brands like Dr Pepper, Canada Dry, and K-Cup coffee systems. KDP currently pays a 2.82% dividend yield, with a trailing annual rate of $0.92 per share paid quarterly. The next ex-dividend date is June 26, 2026, with the most recent payment of $0.23 per share. A beta of 0.414 points to low price volatility, which suits income investors who prioritize steady payouts over share price swings.
Keurig Dr Pepper Inc. pays out 91.3% of earnings as dividends, a payout ratio classified as high (above 75%). KDP operates across four business segments, including Coffee Systems anchored by K-Cup pods and brewing machines, and a Beverage Concentrates division covering a wide portfolio of branded soft drinks, which provides broad revenue diversification. Keurig Dr Pepper Inc. dividend safety faces pressure from that payout level: at 91.3%, there is limited room to absorb an earnings decline before the dividend comes under strain.
Keurig Dr Pepper Inc. dividend history shows a CAGR of 0.1% per year from 2010 to 2025. Per-share payments moved from $0.90 to $0.92 over that span (with 2026 a partial year). The largest annual increase in the window was 34.4% in 2011, but the data also contains at least one year-over-year decline exceeding 5%, and the long-run growth rate is effectively flat. Growth is slow, and that limits the inflation-protection value of this dividend for income investors.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +6.4% | $0.76 (2022) | $0.92 (2025) |
| 5-Year | +8.9% | $0.60 (2020) | $0.92 (2025) |
| 10-Year | -7.1% | $1.92 (2015) | $0.92 (2025) |
KDP fits dividend investors who want low-volatility income from a broadly diversified beverage business rather than dividend growth. The yield sits at a moderate (2-4%) 2.82%, above the stock's own 5-year average of 2.49%, which means the current entry point offers a slightly richer income rate than the historical norm. The trade-off is a 91.3% payout ratio that leaves little cushion, paired with a 0.1% annual growth rate that barely keeps pace with inflation. Keurig Dr Pepper Inc. stock offers income today, but investors accept a high payout and near-zero real dividend growth to get it.
| Payment Date | Amount per Share |
|---|---|
| 2026-06-26 | $0.2300 |
| 2026-03-27 | $0.2300 |
| 2026-01-02 | $0.2300 |
| 2025-09-26 | $0.2300 |
| 2025-06-27 | $0.2300 |
| 2025-03-28 | $0.2300 |
| 2025-01-03 | $0.2300 |
| 2024-09-27 | $0.2300 |
| 2024-06-28 | $0.2150 |
| 2024-03-27 | $0.2150 |
| Year | Total Dividends |
|---|---|
| 2026 | $0.6900 |
| 2025 | $0.9200 |
| 2024 | $0.8750 |
| 2023 | $0.8150 |
| 2022 | $0.7640 |
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