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Legally, Dr Pepper Snapple Group was the surviving company; it remained publicly traded and changed its name to Keurig Dr Pepper. [80] This created the third largest beverage company in North America. [81] [82] On July 10, shares in Keurig Dr Pepper (KDP) began trading on the New York Stock Exchange. [83] Its stock switched to NASDAQ in 2020. [84]
The combined company would be named Keurig Dr Pepper and would trade publicly on the New York Stock Exchange. Shareholders of Dr Pepper Snapple Group would own 13% of the combined company, while Keurig shareholder and Cadbury current owner Mondelez International owning 13–14%, and JAB Holdings owning the remaining majority stake. [5]
[15] [16] Cadbury Schweppes' US-based beverage business (including RC) was spun off as "Dr Pepper Snapple Group (DPSG)" in 2008. DPSG merged with Keurig Green Mountain in 2018 as Keurig Dr Pepper, the current owners of the RC Cola brand. In 2001, all non-US businesses were sold to Cott Beverages of Canada and operated as Royal Crown Cola ...
This could be an opportunity for dividend investors.
The stock of Keurig Dr Pepper (NAS:KDP, 30-year Financials) shows every sign of being modestly overvalued, according to GuruFocus Value calculation.
Image source: Getty Images. Keurig comes up short. Keurig Dr Pepper reported revenue in the quarter up 2.3% to $3.89 billion, which was short of estimates at $3.93 billion.
Keurig (/ ˈ k j ʊər ɪ ɡ /) is a beverage brewing system for home and commercial use.The American company Keurig Dr Pepper manufactures the machines. The main Keurig products are K-Cup pods, which are single-serve coffee containers; other beverage pods; and the proprietary machines that use these pods to make beverages.
Keurig Dr Pepper's (KDP) strong performance in third-quarter 2018 and a promising outlook, alongside its partnerships and acquisition strategy, position it for growth in the future.