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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]
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.
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]
The good news for investors today is that Keurig Dr Pepper stock is cheaper now than it was five years ago and the dividend yield is almost as high as it's ever been at 2.5%. Moreover, the company ...
This could be an opportunity for dividend investors.
Dr Pepper and Diet Dr Pepper; Hires Root Beer and cream soda; RC Cola; Schweppes (tonic water, ginger ale, diet ginger ale) Vernors; Stewart's Fountain Classics (Root Beer, Orange & Cream, Wishniak, Black Cherry, Key Lime, Cream Soda) Golden Cockerel (ginger beer) Sussex Golden Ginger Ale
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.
By 1998 Dr Pepper/Seven Up, a subsidiary of Cadbury Schweppes, was hindered by its bottling and distribution systems; owning no private bottling plants, it was dependent on independent bottlers or those controlled by Coca-Cola or Pepsi to bottle its beverages, and those two giant competitors also had better distribution systems and more influence with retail and fast-food chains.