Keurig Dr Pepper Inc. (NASDAQ:KDP) continues its expansion in Spartanburg County with a $141 million investment, creating 84 new jobs. It also increased its dividend by 7%, declaring a quarterly dividend for Q3 2024. Despite the SEC charging KDP over false claims about K-Cups' recyclability, KDP continues to grow and strengthen. KDP's strategic partnership with Black Rifle Coffee and investment to expand Spartanburg County operations indicate a strong growth strategy. KDP's quarterly dividends have been more substantial than the previous year, further enticing investors. Then there is the stock's performance; it's among the best dividend-paying beverage stocks now, having met estimates with higher prices fueling U.S. soda sales. KDP has also acquired strategic assets from Kalil Bottling Company to strengthen its national direct-store-delivery operations. Those who invested in KDP five years ago have seen a 28% return. And KDP managed to match Q2 earnings estimates, signaling its consistent performance.
Keurig Dr Pepper KDP News Analytics from Thu, 22 Feb 2024 08:00:00 GMT to Sun, 22 Sep 2024 12:08:48 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3
