Company: Keurig Dr. Pepper Inc. (KDP)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. US and Canada make up 95% of revenues, with the rest from Mexico. -Morningstar.com-
Symbol: KDP
Recent Price: $34.78
Dividends: $0.86
Yield: 2.47%
Sector: Consumer Defensive
Industry: Beverages-Non-Alcoholic
Address & Company Phone #: 53 South Avenue Burlington MA 01803, 781-418-7000
Transfer Agent: Computershare 877-745-9312
Moody’s Rating: NR
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $35.00, $27.66