Will Dr Pepper Snapple stock pay a special dividend in 2018?
Nov 08, 2018 · Keurig Dr Pepper (NYSE: KDP) reported its first earnings as a combined company, posting a 2.9% growth in sales, 240 basis points improvement in the operating margin, and an EPS of $0.30, versus...
What happened to Dr Pepper Snapple after the merger?
Answer (1 of 3): At the end June 2018, Keurig announced the purchase of Dr Pepper. The stock dropped in response as the market questioned affordability. How could one lose money in a megatrend? Companies that sell everyday products make for relatively safe investments. That also means to pull in...
What happened to Keurig Dr Pepper’s earnings as a combined company?
Jul 13, 2018 · Keurig Dr Pepper's acquisition of Big Red comes after Dr Pepper Snapple had a minority stake in the soda brand for a decade and a distribution partnership with it …
Is Dr Pepper Snapple owned by Keurig?
Why Dr Pepper Snapple Group, Inc. Stock Soared in January By Jeremy Bowman - Feb 5, 2018 at 2:57PM You’re reading a free article with opinions that may differ from The Motley Fool’s Premium ...
Is Dr Pepper a good stock to buy?
Keurig Dr Pepper Stock In High Demand Despite its recent steady profit growth, the coffee and soft drink company's EPS Rating is just 45, reflecting weaker profit growth in prior years. However, Keurig Dr Pepper stock holds a strong 83 Composite Rating, putting it in the top 17% of all stocks.Jan 19, 2022
Did KDP split in 2018?
Back in 2018, Keurig Green Mountain and Dr Pepper Snapple Group merged to form the current KDP. Given the short history of the merger, we will have a closer look at the fundamentals of the company since the merger.Jun 27, 2021
Is Keurig Dr Pepper a buy?
Keurig Dr Pepper Inc is a strong performer in the Beverages - Non-Alcoholic industry, which has an average overall score of 46. This means that, on average, the stocks in this industry score higher than 46% of the stock market. To see InvestorsObserver's Sentiment Score for Keurig Dr Pepper Inc click here.Jan 25, 2022
Did Keurig pull Dr Pepper from Russia?
Keurig Dr Pepper (KDP -4.9%) fell on Thursday along with beverage sector peers on a turbulent day for the broad stock market due to the Russia invasion of Ukraine. Earlier in the day, Keurig Dr Pepper also reported Q4 results.Feb 24, 2022
What happened to Dr Pepper in July 2018?
On July 9, 2018, Keurig Green Mountain acquired the Dr Pepper Snapple Group in an $18.7-billion deal. The combined company was renamed Keurig Dr Pepper, and traded publicly again on the New York Stock Exchange under the ticker "KDP" until 2020 when it switched to Nasdaq while retaining the same ticker.
What happened to Keurig?
Keurig Dr Pepper's first week post-merger brings a defection, an acquisition and new volleys in coffee wars. Dr Pepper Snapple Group's this week closed its merger with Keurig Green Mountain. The deal has cast uncertainty on Keurig Dr Pepper's so-called “Allied Brands,” trendy drinks it distributes but does not own.Jul 13, 2018
Is KDP undervalued?
Despite rising 80% from its March 2020 lows, at the current price of $36 per share, Keurig Dr Pepper stock (NYSE: KDP) still looks slightly undervalued. KDP stock has increased from less than $20 to almost $36 off its 2020 bottom, slightly less than the S&P which increased by 90% from its 2020 lows.Jul 28, 2021
What does Dr Pepper do?
Keurig Dr Pepper is the oldest major manufacturer of soft drink concentrates and syrups in the United States. Dr Pepper is America's unique flavor and was created, manufactured and sold beginning in 1885 in the Central Texas town of Waco.Oct 11, 2021
Is Dr Pepper privately owned?
Dr Pepper Snapple Group (also called Dr. Pepper/7up Inc.) was an American multinational soft drink company based in Plano, Texas, and as of July 2018 it is a business unit of the publicly traded conglomerate Keurig Dr Pepper....Dr Pepper Snapple Group.TypeSubsidiaryKey peopleRobert Gamgort (CEO of Keurig Dr Pepper)13 more rows
Does Pepsi own Dr Pepper?
Pepper parent company. Currently, the majority of Pepsi and Coke bottlers bottling Dr Pepper are owned by PepsiCo and The Coca-Cola Company after their buyouts of their major bottlers. Presently, Dr Pepper Snapple relies on its own bottling group to bottle and distribute its products in more than 30 states.Mar 11, 2022
Does Dr Pepper own itself?
On July 9, 2018, Keurig acquired the Dr Pepper Snapple Group in an $18.7 billion deal....Dr Pepper/Seven Up.IndustryBeveragesSuccessorCadbury Schweppes plc (2006) and later Dr Pepper Snapple Group (2008-2018) and Keurig Dr Pepper (2018-present)HeadquartersPlano, TexasProductsBeverages (Non-Alcoholic)WebsiteDpsu.com5 more rows
Does Vitacoco stay with Keurig?
VitaCoco plans to stay with Keurig Dr Pepper, its CEO told CNBC through a spokeswoman. BodyArmor and Core did not respond to requests for comment. The decision to leave behind Keurig Dr Pepper’s distribution network would not be made lightly. Creating a distribution network from scratch is challenging and expensive.
Does Keurig own Dr Pepper?
The deal has cast uncertainty on Keurig Dr Pepper’s so-called “Allied Brands,” trendy drinks it distributes but does not own. Fiji announced this week it will leave Keurig Dr Pepper’s distribution network. Another Allied Brand, Big Red, this week signed an agreement to sell to KDP. It’s barely a week into the closing of the mega-merger ...
Is Keurig Dr Pepper losing Fiji?
Loss of Fiji. The loss of Fiji, while minuscule to Keurig Dr Pepper’s bottom line, is a bruise nonetheless. Fiji is one of the best sellers in the Allied Brands collection, sources familiar with the situation tell CNBC, requesting anonymity because the information is confidential.
Did Keurig lose its Allied brand?
Adding to the portfolio. As Keurig Dr Pepper has lost an Allied Brand, its has also added some. Keurig Dr Pepper’s acquisition of Big Red comes after Dr Pepper Snapple had a minority stake in the soda brand for a decade and a distribution partnership with it for more than 30 years.
Who owns Dr Pepper Snapple?
Image source: Dr Pepper Snapple. The deal was a surprise as Keurig parent JAB Holding is known for taking over coffee brands like Krispy Kreme, Caribou Coffee, and Panera Bread, but this is the company's first play at the cold beverage channel.
Is Dr Pepper Snapple publicly traded?
According to the agreement, Dr Pepper Snapple shareholders will receive $103.75 a share, and will retain a 13% stake in the new company, which will be called Keurig Dr Pepper and will be publicly traded. That arrangement valued Dr Pepper Snapple at a 25% premium above its closing price on Jan. 26. Image source: Dr Pepper Snapple.
Is Dr Pepper Snapple a smart move?
The deal looks like a smart move for Dr Pepper Snapple shareholders as sugary drinks have fallen out of favor in the U.S., and the company does not have the same scale or global distribution that Coca-Cola and PepsiCo, making it less able to compete by pivoting to healthier brands through acquisitions.
When will Dr Pepper Snapple pay dividends?
Dr Pepper Snapple Group, Inc. DPS unveiled plans to pay special dividend of $103.75 per share, setting a conditional record date on Jul 6, 2018. This is with respect to the Agreement and Plan of Merger among Dr Pepper Snapple and Maple Parent Holdings Corp, the indirect parent of Keurig Green Mountain, Inc. Closure of this merger transaction depends on stockholder approvals after Annual Meeting on Jun 29 as well as other regulatory closing conditions. However, the closing is slated for Jul 9, 2018.
How much is Dr Pepper Snapple worth?
Under the terms of the deal, which was then approved by Dr Pepper Snapple's board of directors, the company's shareholders will receive a special cash dividend of $130.75 per share, making the deal worth $18.7 billion.
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Is Maple Parent a wholly owned subsidiary of Dr Pepper Snapple?
As a result, it will become a wholly-owned subsidiary of the company.
Is Dr Pepper Snapple a Keurig?
On completion of the merger, Dr Pepper Snapple will be renamed as Keurig Dr Pepper Inc. and will trade under the symbol "KDP" on the New York Stock Exchange. This merger announcement dates back to January 2018, when the leading coffee maker, Keurig Green Mountain, Inc., agreed to buy Dr Pepper Snapple. Under the terms of the deal, which was then ...
When will Dr Pepper Snapple pay dividends?
dollars, on July 10, 2018 , to shareholders of record on the July 6, 2018 record date, the trading day immediately prior to the closing date.
What are forward looking statements?
These forward-looking statements can generally be identified by the use of words such as “anticipate,” “expect,” “believe,” “could,” “estimate,” “feel,” “forecast,” “intend,” “may,” “plan,” “potential,” “project,” “should,” “will,” “would,” and similar words, phrases or expressions and variations or negatives of these words, although not all forward-looking statements contain these identifying words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements regarding the estimated or anticipated future results of the combined company following the combination of Keurig Green Mountain, Inc. (“KGM”) and Dr Pepper Snapple Group, Inc. (“DPSG” and such combination, the “transaction”), the anticipated benefits of the transaction, including estimated synergies and cost savings, and other statements that are not historical facts. These statements are based on the current expectations of our management and are not predictions of actual performance.
How much is the market capitalization of Dr Pepper?
If the biggest drink companies value continued product diversity, then be sure that it's important. With a market capitalization of just $38 billion, compared to $243 billion for Coca-Cola and $192 billion for Pepsi, investors could easily forget how well Keurig Dr Pepper's product lineup compares to its massive rivals.
Why is Keurig Dr Pepper selling off?
You're likely aware that the market is selling off due to concerns about COVID-19 and the rapid drop in oil prices.
How much did Coca Cola shell out for Costa Coffee?
Consider that Coca-Cola has a broad drink portfolio, and still feels the need to branch out further. In 2018, Coca-Cola shelled out $5 billion for Costa Coffee to offer beverage options in one of the only non-alcoholic drink categories where it didn't already have a compelling product.
How much is Keurig Dr Pepper's annual operating savings?
This puts Keurig Dr Pepper on pace to hit its three-year goal of $600 million in annual operational savings, boosting EPS over 15% each year. Operational weakness can be a good reason to kick a stock out of your portfolio.
Does Keurig Dr Pepper pay dividends?
A healthy dividend. Keurig Dr Pepper's strong earnings allow it to pay a healthy dividend that currently yields about 2.5%. Since the merger, the company hasn't missed a dividend, but it also hasn't raised it.