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Jim Trippon is a certified genius, a member of MENSA, and the epitome of the “Overachieving Entrepreneur.” He’s an internationally renowned and globally experienced investment expert, dedicated to finding undervalued, “under the radar” investments for his worldwide clients and subscribers. He... More
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  • Dr. Pepper Snapple Establish An Illustrious Dividend Track Record 0 comments
    May 20, 2010 4:30 PM | about stocks: 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)
    Bookmark and Share

    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
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