Keurig Dr Pepper Inc. (KDP) Dividend
Keurig Dr Pepper Inc. (KDP) currently pays a dividend yield of 2.99%, distributing $0.92 per share annually ($0.23 per quarter). The company operates in the Consumer Defensive sector.
KDP has raised its dividend for 5 consecutive years.
KDP dividend at a glance
| Dividend Yield | 2.99% |
|---|---|
| Annual Dividend | $0.92 per share |
| Per Payment | $0.23 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | September 26, 2026 |
| Next Payment Date | October 17, 2026 |
| Payout Ratio | 68% |
| Consecutive Years of Dividend Growth | 5 |
| Sector | Consumer Defensive |
| Implied Share Price (from yield) | $30.77 |
What KDP pays on a $10,000 investment
At a 2.99% yield, $10,000 invested in KDP generates about $299.00 per year, or roughly $74.75 every quarter. Share counts below use an implied price of $30.77, derived from the $0.92 annual dividend and the 2.99% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 32.5 | $29.90 | $7.48 |
| $5,000 | 162.5 | $149.50 | $37.38 |
| $10,000 | 325 | $299.00 | $74.75 |
| $25,000 | 812.5 | $747.50 | $186.88 |
| $100,000 | 3,250 | $2,990.00 | $747.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
KDP dividend payment schedule
KDP pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is September 26, 2026, with payment on October 17, 2026. Later rows are projected forward at the same interval and will shift when Keurig Dr Pepper Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| September 26, 2026 | October 17, 2026 | $0.23 | Confirmed |
| December 26, 2026 | January 16, 2027 | $0.23 | Projected |
| March 26, 2027 | April 16, 2027 | $0.23 | Projected |
| June 26, 2027 | July 17, 2027 | $0.23 | Projected |
To collect a KDP dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How KDP's dividend compares
Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. KDP's 2.99% is 0.76 percentage points below that median, ranking 339th of 584 by yield.
Within Consumer Defensive, where we track 17 names, the median yield is 2.45% — putting KDP above its sector.
Its 5-year run of dividend increases ranks 182nd out of the 354 names in our data with an active growth streak.
What the numbers mean
KDP pays out roughly 68% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, KDP distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
KDP dividend FAQ
When is the next KDP ex-dividend date?
The next KDP ex-dividend date is September 26, 2026, with the payment scheduled for October 17, 2026. You must own shares before the ex-dividend date to receive that payment.
What is KDP's dividend yield?
KDP currently yields 2.99%, based on $0.92 in dividends per share over the past year.
How often does KDP pay dividends?
KDP pays quarterly, which works out to 4 payments per year of about $0.23 per share.
How much dividend income would $10,000 of KDP generate?
At the current 2.99% yield, $10,000 invested in KDP would produce roughly $299.00 per year, or about $74.75 per quarter, before taxes and assuming the dividend holds.
Has KDP increased its dividend?
Yes — KDP has raised its dividend for 5 consecutive years.
Related dividend stocks
Other Consumer Defensive dividend payers
- UVV — Universal Corporation dividend (6.32%)
- KHC — The Kraft Heinz Company dividend (6.22%)
- BTI — British American Tobacco p.l.c. dividend (5.34%)
- PEP — PepsiCo, Inc. dividend (4.26%)
- UL — Unilever PLC dividend (3.54%)
- TGT — Target Corporation dividend (3.08%)
- KR — The Kroger Co. dividend (2.47%)
- KO — The Coca-Cola Company dividend (2.45%)
Similar yields to KDP
- SCHD — Schwab US Dividend Equity ETF dividend (2.99%)
- FNDF — Schwab Fundamental International Equity ETF dividend (3.00%)
- LNT — Alliant Energy Corporation dividend (3.01%)
- AEP — American Electric Power dividend (2.96%)
- PG — Procter & Gamble dividend (2.94%)
- XEL — Xcel Energy dividend (3.05%)
Track KDP dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.