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Dr. Pepper Snapple Establish An Illustrious Dividend Track Record

|Includes:Dr Pepper Snapple Group, Inc. (DPS), KO, PEP

Dr. Pepper Snapple Group (NSYE: DPS),
is already raising its payout and in a big way

An Energy Dividend To Watch In 2010
After only two quarters of paying a dividend, Dr. Pepper Snapple Group (NSYE: DPS), is already raising its payout and in a big way. The company said it will raise its quarterly dividend by 67% to 25 cents a share from 15 cents. The new dividend is payable on July 9th to shareholders of record on June 21st. Dr. Pepper Snapple declared its first dividend in November 2009.

About: Dr. Pepper Snapple Group (NSYE: DPS),Dr. Pepper Snapple, Coca-Cola (NYSE: KO), PepsiCo (NYSE: PEP)
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The new dividend would give the stock a yield of 2.62% based on Wednesday's closing price. That yield would still have Dr. Pepper Snapper trailing rivals Coca-Cola (NYSE: KO) and PepsiCo (NYSE: PEP), but both of those companies also raised their payouts earlier and the Dr. Pepper increase trumps both, at least on a percentage basis.

When the company reported earnings earlier this month, it said that it has $755 million available to return to shareholders this year. Analysts said Dr. Pepper Snapple is positioned to take market share in the U.S. from rivals this year.

Disclosure: no positions
Stocks: DPS, KO, PEP