Keurig Dr Pepper (NASDAQ:KDP – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.51 EPS for the quarter, hitting the consensus estimate of $0.51, Briefing.com reports. Keurig Dr Pepper had a net margin of 14.47% and a return on equity of 10.32%. The firm had revenue of $3.89 billion for the quarter, compared to the consensus estimate of $3.92 billion. During the same period last year, the firm posted $0.48 earnings per share. The business’s revenue was up 2.3% compared to the same quarter last year.
Keurig Dr Pepper Stock Down 1.0 %
NASDAQ:KDP opened at $34.58 on Friday. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.50. The stock has a fifty day simple moving average of $36.73 and a 200-day simple moving average of $34.62. The company has a market cap of $46.88 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 2.73 and a beta of 0.62. Keurig Dr Pepper has a twelve month low of $28.61 and a twelve month high of $38.28.
Keurig Dr Pepper Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 27th were given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 2.66%. This is an increase from Keurig Dr Pepper’s previous quarterly dividend of $0.22. The ex-dividend date was Friday, September 27th. Keurig Dr Pepper’s dividend payout ratio (DPR) is 59.35%.
Analysts Set New Price Targets
Keurig Dr Pepper Company Profile
Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages.
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