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Keurig Dr Pepper 8-K Report, Corporate Update (Feb 6, 2024)

Reports
Other Events·Exhibits & Filings
Filing Date
Filed February 6, 2024
Period End
February 6, 2024
Security
KDP
In the record · 2016–202610-K1210-Q338-K216

KDP filed 12 annual reports (10-K), 33 quarterly reports (10-Q) and 216 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Jan ’18Jan ’18
  2. Material agreement8-K · Apr ’20Apr ’20
  3. Leadership change8-K · Nov ’22Nov ’22
  4. Leadership change8-K · Aug ’26Aug ’26

01—Abstract

Summary

Summary of the 8-K filed February 6, 2024. Cited figures are marked; the original filing is the authoritative source.

Keurig Dr Pepper Inc. (Nasdaq: KDP) filed this Form 8-K on February 6, 2024 under Item 8.01 (Other Events) to announce that its Board of Directors has declared a regular quarterly cash dividend of $0.215a per share on its common stock.

The dividend is payable in U.S. dollars on April 12, 2024 to shareholders of record as of March 29, 2024. The announcement is contained in Exhibit 99.1, a press release dated February 6, 2024 titled "Keurig Dr Pepper Declares Quarterly Dividend," issued from Burlington, MA and Frisco, TX. The release also describes the company as a leading North American beverage company with annual revenue of more than $14 billionb and approximately 28,000 employees, and a portfolio of more than 125 owned, licensed and partner brands.

The filing is a routine capital-return notice. It contains no financial statements, earnings results, or guidance, so investors should look to the company's periodic reports and earnings releases for operating and financial performance.

02—Key points

Key Highlights

  1. Board declared a regular quarterly cash dividend of $0.215 per share on KDP common stock.
  2. Dividend is payable in U.S. dollars on April 12, 2024.
  3. Record date for the dividend is March 29, 2024, shareholders of record on that date are entitled to payment.
  4. Disclosed under Item 8.01 (Other Events), with the press release furnished as Exhibit 99.1.
  5. Company describes itself as having annual revenue of more than $14 billion and approximately 28,000 employees.
  6. Portfolio includes more than 125 owned, licensed and partner brands, including Keurig, Dr Pepper, Canada Dry, Snapple and Green Mountain Coffee Roasters.

03—Questions

Frequently Asked Questions

  1. How much is the dividend and when will it be paid?

    The Board declared a regular quarterly cash dividend of $0.215 per share, payable in U.S. dollars, to be paid on April 12, 2024.

  2. Who is eligible to receive the dividend?

    Shareholders of record on March 29, 2024 are eligible to receive the dividend payable on April 12, 2024.

  3. Why did the company file this 8-K?

    The company filed under Item 8.01 (Other Events) to announce the quarterly dividend declaration, with the full press release attached as Exhibit 99.1.

  4. Does this filing include financial results?

    No. The filing covers only the dividend declaration and does not include financial statements, earnings, or guidance.

04—Continue

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