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KDP Keurig Dr Pepper Inc. — dividend yield, history & ex-dividend dates

NASDAQ Global Select· Quarterly dividend· Common Stock · Consumer Defensive / Beverages - Non-Alcoholic

$35.30 ▲ $0.37(1.06%) as of Oct 30, 2026 06:20 UTC
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Keurig Dr Pepper Inc. is a prominent beverage firm with operations spanning both the United States and global markets. The company structures its business across four primary divisions: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. Its Coffee Systems division is responsible for the production and distribution of an array of finished products linked to its coffee brewing systems, including K-Cup single-serve pods, brewing machines, and specialized coffee blends. Brewers are offered for sale via external distributors, various retail outlets, and directly through its official website, keurig.com. The Packaged Beverages segment focuses on manufacturing and distributing its proprietary packaged drink labels. It also undertakes contract manufacturing for a diverse range of private label and up-and-coming beverage brands, in addition to handling distribution for its partner brands' packaged offerings. The Beverage Concentrates division produces and markets liquid concentrates for a wide portfolio of well-known brands such as Dr Pepper, Canada Dry, A&W, 7UP, Sunkist, Squirt, Big Red, RC Cola, Vernors, Snapple, Mott's, Bai, Hawaiian Punch, Clamato, Yoo-Hoo, Core, ReaLemon, evian, Vita Coco, and Mr and Mrs T mixers; this segment also processes these concentrates into syrup form. In Latin America, the Beverages segment handles the production and distribution of sparkling mineral water, flavored carbonated soft drinks, purified bottled water, and vegetable juice products, marketed under brand names like Peñafiel, Clamato, Squirt, Dr Pepper, Crush, and Aguafiel. Its extensive client base includes retailers, bottling and distribution networks, restaurants, hotel groups, office coffee service providers, and individual consumers. Established in 1981, Keurig Dr Pepper Inc. maintains its corporate headquarters in Burlington, Massachusetts.

Dividend Snapshot

StatusGrowing
Last Dividend$0.2300Paid Oct 09, 2026
Forward Annual$0.92From the $0.2300 dividend declared Sep 16, 2026
FrequencyQuarterly
Last Ex-DateSep 28, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth5.1%Annual totals, 2024–2025
10-Yr Growth-7.1%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

52/100

Mixed indicators

Complete data

Dividend Growth Score

62/100

Strong growth record

Complete data

Dividend Value Score

36/100

Above own historical valuation

Complete data

DividendRank

50/100

Middle of the scale

Complete data

How the Dividend Safety Score is built for KDP
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 91% (TTM to Jun 30, 2026) 34 20%
FCF payout ratioFCF payout ratio 63% (TTM to Jun 30, 2026) 83 25%
Net debt / EBITDANet debt / EBITDA 8.2x (TTM to Jun 30, 2026) 0 15%
Interest coverageInterest coverage 2.8x (TTM to Jun 30, 2026) 43 10%
Dividend record16 years of uninterrupted regular payments; last cut Jul 10, 2018 (-74.1%), within 10 years: capped at 50 50 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for KDP
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 8.9% (2020–2025) 95 25%
Consecutive annual increases5 consecutive annual increases (through 2025) 60 20%
Payout headroomHeadroom from the earnings payout ratio 91% (TTM to Jun 30, 2026) 16 20%
Earnings per share growth (3 years)EPS CAGR 14.8% (FY2022–FY2025) 100 15%
Revenue growth (3 years)Revenue CAGR 5.7% (FY2022–FY2025) 86 10%
10-year dividend growth10-year dividend CAGR -7.1% (2015–2025) 0 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Value Score is built for KDP
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 55th percentile of its 120 month-end yields 55 40%
P/E vs own 5-year medianP/E 34.5 is 1.40x its 5-year median of 24.6 8 25%
FCF yieldFCF yield 4.1% (TTM to Jun 30, 2026) 56 20%
P/E vs peersP/E 34.5 vs peer median 23.2 (1.49x; 55 corporation / Consumer Defensive securities) 8 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

2.61%

At the Oct 30, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$0.9200

Declared Sep 16, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

68

As of Oct 30, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$25.31 – $35.19

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

91.31%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

16

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

1.89

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 52/100, yield 2.61%.
A Accelerating
5 consecutive years of dividend increases.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
16 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNASDAQ Global SelectThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume13,465,519Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$35.32Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$34.48 – $35.40Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$35.19Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$48.04BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out1.36BImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$1.0512 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)34.9Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 28, 2026Paid Oct 09, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)6.5%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)8.9%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases5 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose12Since Dec 2009
Rank among payers932of 2,430 with a record
Years it fell over 20%2in 15 comparable years
Of peers with 10 to 24 up years75%also cut at some point

KDP has raised its annual dividend in 12 separate years since December 2009, which ranks 932 among the 2,430 payers with a comparable record in our dataset. In 2 years the annual total fell by more than a fifth.

Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.

Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.

Why the Yield Moved (90 Days)

KDP's dividend yield fell from 2.98% to 2.61% over the past ~90 days (-0.37 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.37 pp from the share price ($30.91 on Aug 03, 2026 → $35.30 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current2.61%
1-Yr Average3.15%
Low / High2.61% – 3.64%
Percentile0%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), KDP's current yield is higher than approximately 0% of them. Our stored price history for KDP covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.2300 Q Regular Sep 16, 2026 Sep 28, 2026 Sep 28, 2026 Oct 09, 2026
$0.2300 Q Regular May 20, 2026 Jun 26, 2026 Jun 26, 2026 Jul 10, 2026
$0.2300 I Regular Feb 03, 2026 Mar 27, 2026 Mar 27, 2026 Apr 10, 2026
$0.2300 Q Regular Dec 09, 2025 Jan 02, 2026 Jan 02, 2026 Jan 16, 2026
$0.2300 Q Regular Sep 16, 2025 Sep 26, 2025 Sep 26, 2025 Oct 10, 2025
$0.2300 Q Regular May 21, 2025 Jun 27, 2025 Jun 27, 2025 Jul 11, 2025
$0.2300 I Regular Feb 11, 2025 Mar 28, 2025 Mar 28, 2025 Apr 11, 2025
$0.2300 Q Regular Dec 10, 2024 Jan 03, 2025 Jan 03, 2025 Jan 17, 2025
$0.2300 Q Regular Sep 12, 2024 Sep 27, 2024 Sep 27, 2024 Oct 11, 2024
$0.2150 Q Regular May 15, 2024 Jun 28, 2024 Jun 28, 2024 Jul 12, 2024
$0.2150 Q Regular Feb 06, 2024 Mar 27, 2024 Mar 29, 2024 Apr 12, 2024
$0.2150 Q Regular Dec 07, 2023 Jan 04, 2024 Jan 05, 2024 Jan 19, 2024
$0.2150 Q Regular Sep 19, 2023 Sep 28, 2023 Sep 29, 2023 Oct 13, 2023
$0.2000 Q Regular May 16, 2023 Jun 29, 2023 Jun 30, 2023 Jul 14, 2023
$0.2000 Q Regular Feb 07, 2023 Mar 30, 2023 Mar 31, 2023 Apr 14, 2023
$0.2000 Q Regular Dec 06, 2022 Jan 05, 2023 Jan 06, 2023 Jan 20, 2023
$0.2000 Q Regular Sep 14, 2022 Sep 29, 2022 Sep 30, 2022 Oct 14, 2022
$0.1880 Q Regular May 19, 2022 Jun 30, 2022 Jul 01, 2022 Jul 15, 2022
$0.1880 Q Regular Feb 08, 2022 Mar 31, 2022 Apr 01, 2022 Apr 15, 2022
$0.1880 Q Regular Dec 07, 2021 Jan 05, 2022 Jan 06, 2022 Jan 20, 2022
$0.1880 Q Regular Sep 14, 2021 Sep 30, 2021 Oct 01, 2021 Oct 15, 2021
$0.1880 Q Regular May 25, 2021 Jun 30, 2021 Jul 01, 2021 Jul 15, 2021
$0.1500 Q Regular Feb 25, 2021 Mar 31, 2021 Apr 01, 2021 Apr 15, 2021
$0.1500 Q Regular Dec 07, 2020 Jan 07, 2021 Jan 08, 2021 Jan 22, 2021
$0.1500 Q Regular Sep 15, 2020 Oct 01, 2020 Oct 02, 2020 Oct 16, 2020
$0.1500 Q Regular Apr 29, 2020 Jul 01, 2020 Jul 03, 2020 Jul 17, 2020
$0.1500 Q Regular Feb 13, 2020 Apr 02, 2020 Apr 03, 2020 Apr 17, 2020
$0.1500 Q Regular Nov 14, 2019 Jan 02, 2020 Jan 03, 2020 Jan 17, 2020
$0.1500 Q Regular Sep 16, 2019 Oct 03, 2019 Oct 04, 2019 Oct 18, 2019
$0.1500 Q Regular May 03, 2019 Jul 03, 2019 Jul 05, 2019 Jul 19, 2019
$0.1500 Q Regular Feb 14, 2019 Apr 04, 2019 Apr 05, 2019 Apr 19, 2019
$0.1500 Q Regular Dec 03, 2018 Jan 03, 2019 Jan 04, 2019 Jan 18, 2019
$0.1500 S Regular Sep 13, 2018 Oct 04, 2018 Oct 05, 2018 Oct 19, 2018
$103.7500 Q Regular Jun 26, 2018 Jul 10, 2018 Jul 06, 2018 Jul 10, 2018
$0.5800 Q Regular Feb 08, 2018 Mar 20, 2018 Mar 21, 2018 Apr 12, 2018
$0.5800 Q Regular Nov 16, 2017 Dec 13, 2017 Dec 14, 2017 Jan 04, 2018
$0.5800 Q Regular Aug 10, 2017 Sep 13, 2017 Sep 14, 2017 Oct 05, 2017
$0.5800 Q Regular May 18, 2017 Jun 12, 2017 Jun 14, 2017 Jul 06, 2017
$0.5800 Q Regular Feb 09, 2017 Mar 10, 2017 Mar 14, 2017 Apr 05, 2017
$0.5300 Q Regular Nov 16, 2016 Dec 09, 2016 Dec 13, 2016 Jan 05, 2017
$0.5300 Q Regular Aug 11, 2016 Sep 09, 2016 Sep 13, 2016 Oct 05, 2016
$0.5300 Q Regular May 18, 2016 Jun 10, 2016 Jun 14, 2016 Jul 07, 2016
$0.5300 Q Regular Feb 11, 2016 Mar 11, 2016 Mar 15, 2016 Apr 05, 2016
$0.4800 Q Regular Sep 18, 2015 Dec 10, 2015 Dec 14, 2015 Jan 06, 2016
$0.4800 Q Regular Aug 06, 2015 Sep 10, 2015 Sep 14, 2015 Oct 02, 2015
$0.4800 Q Regular May 20, 2015 Jun 11, 2015 Jun 15, 2015 Jul 07, 2015
$0.4800 Q Regular Feb 05, 2015 Mar 12, 2015 Mar 16, 2015 Apr 07, 2015
$0.4100 Q Regular Nov 18, 2014 Dec 11, 2014 Dec 15, 2014 Jan 07, 2015
$0.4100 Q Regular Aug 07, 2014 Sep 11, 2014 Sep 15, 2014 Oct 03, 2014
$0.4100 Q Regular May 14, 2014 Jun 12, 2014 Jun 16, 2014 Jul 03, 2014
$0.4100 Q Regular Feb 06, 2014 Mar 13, 2014 Mar 17, 2014 Apr 04, 2014
$0.3800 Q Regular Nov 14, 2013 Dec 12, 2013 Dec 16, 2013 Jan 03, 2014
$0.3800 Q Regular Aug 08, 2013 Sep 12, 2013 Sep 16, 2013 Oct 04, 2013
$0.3800 Q Regular May 15, 2013 Jun 13, 2013 Jun 17, 2013 Jul 05, 2013
$0.3800 Q Regular Feb 13, 2013 Mar 13, 2013 Mar 15, 2013 Apr 05, 2013
$0.3400 Q Regular Nov 16, 2012 Dec 13, 2012 Dec 17, 2012 Jan 04, 2013
$0.3400 Q Regular Aug 09, 2012 Sep 13, 2012 Sep 17, 2012 Oct 05, 2012
$0.3400 Q Regular May 16, 2012 Jun 14, 2012 Jun 18, 2012 Jul 06, 2012
$0.3400 Q Regular Feb 08, 2012 Mar 15, 2012 Mar 19, 2012 Apr 06, 2012
$0.3200 Q Regular Nov 17, 2011 Dec 15, 2011 Dec 19, 2011 Jan 06, 2012
$0.3200 Q Regular Aug 11, 2011 Sep 15, 2011 Sep 19, 2011 Oct 07, 2011
$0.3200 Q Regular May 18, 2011 Jun 16, 2011 Jun 20, 2011 Jul 08, 2011
$0.2500 Q Regular Feb 10, 2011 Mar 17, 2011 Mar 21, 2011 Apr 08, 2011
$0.2500 Q Regular Nov 15, 2010 Dec 16, 2010 Dec 20, 2010 Jan 07, 2011
$0.2500 Q Regular Aug 11, 2010 Sep 16, 2010 Sep 20, 2010 Oct 08, 2010
$0.2500 Q Regular May 19, 2010 Jun 17, 2010 Jun 21, 2010 Jul 09, 2010
$0.1500 Q Regular Feb 03, 2010 Mar 18, 2010 Mar 22, 2010 Apr 09, 2010
$0.1500 Q Regular Nov 20, 2009 Dec 17, 2009 Dec 21, 2009 Jan 08, 2010

Peer Comparison

Selected Beverages - Non-Alcoholic dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
PEP PepsiCo, Inc. 4.42% 6.9% 52 yrs 81
YKLTF Yakult Honsha Co.,Ltd. 2.55% 13.7% 8 yrs 68
KOF Coca-Cola FEMSA, S.A.B. de C.V. 3.61% 13.0% 0 yrs 68
YKLTY Yakult Honsha Co.,Ltd. 2.54% 13.4% 8 yrs 66

KDP dividend — frequently asked questions

Does Keurig Dr Pepper Inc. pay a dividend?

Yes. Keurig Dr Pepper Inc. (KDP) currently pays a dividend. The annualized dividend is about $0.92 per share, a yield of approximately 2.61%.

What is Keurig Dr Pepper Inc.'s dividend yield?

Keurig Dr Pepper Inc.'s dividend yield is approximately 2.61%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Keurig Dr Pepper Inc. pay dividends?

Keurig Dr Pepper Inc. pays dividends quarterly — 4 times per year.

How long has Keurig Dr Pepper Inc. paid dividends?

Keurig Dr Pepper Inc. has 16 years of dividend payments on record, and has increased its dividend for 5 consecutive years.

Data updated Oct 30, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.