Keurig Dr Pepper Inc. (KDP) Dividend
Keurig Dr Pepper Inc. (KDP) currently pays a dividend yield of 2.61%, 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 | 2.61% |
|---|---|
| Annual Dividend | $0.92 per share |
| Per Payment | $0.23 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 28, 2026 |
| Next Payment Date | January 8, 2027 |
| Payout Ratio | 93% |
| Consecutive Years of Dividend Growth | 5 |
| Sector | Consumer Defensive |
| Implied Share Price (from yield) | $35.25 |
What KDP pays on a $10,000 investment
At a 2.61% yield, $10,000 invested in KDP generates about $261.00 per year, or roughly $65.25 every quarter. Share counts below use an implied price of $35.25, derived from the $0.92 annual dividend and the 2.61% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 28.4 | $26.10 | $6.52 |
| $5,000 | 141.8 | $130.50 | $32.63 |
| $10,000 | 283.7 | $261.00 | $65.25 |
| $25,000 | 709.2 | $652.50 | $163.13 |
| $100,000 | 2,837 | $2,610.00 | $652.50 |
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 December 28, 2026, with payment on January 8, 2027. 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 |
|---|---|---|---|
| December 28, 2026 | January 8, 2027 | $0.23 | Confirmed |
| March 28, 2027 | April 8, 2027 | $0.23 | Projected |
| June 28, 2027 | July 9, 2027 | $0.23 | Projected |
| September 28, 2027 | October 9, 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 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. KDP's 2.61% is 0.96 percentage points below that median, ranking 603rd of 1000 by yield.
Within Consumer Defensive, where we track 24 names, the median yield is 2.26% — putting KDP above its sector.
Its 5-year run of dividend increases ranks 234th out of the 553 names in our data with an active growth streak.
What the numbers mean
KDP pays out roughly 93% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
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 December 28, 2026, with the payment scheduled for January 8, 2027. You must own shares before the ex-dividend date to receive that payment.
What is KDP's dividend yield?
KDP currently yields 2.61%, 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 2.61% yield, $10,000 invested in KDP would produce roughly $261.00 per year, or about $65.25 per quarter, before taxes and assuming the dividend holds.
Has KDP increased its dividend?
Yes — KDP has raised its dividend for 5 consecutive years.
KDP dividend history
DivTrkr holds 68 recorded KDP dividend payments going back to 2009, with 5 consecutive complete years of increases and +8.9% a year of growth over the last five complete years. See the full KDP dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Consumer Defensive dividend payers
- UVV — Universal Corporation dividend (8.44%)
- KHC — The Kraft Heinz Company dividend (6.38%)
- BTI — British American Tobacco p.l.c. dividend (5.52%)
- NWL — Newell Brands Inc. dividend (4.89%)
- PEP — PepsiCo, Inc. dividend (4.34%)
- NESN.SW — Nestlé S.A. dividend (3.71%)
- MDLZ — Mondelez International, Inc. dividend (3.28%)
- UL — Unilever PLC dividend (3.07%)
Similar yields to KDP
- ADM — Archer-Daniels-Midland dividend (2.61%)
- DVN — Devon Energy Corporation dividend (2.60%)
- VTRS — Viatris Inc. dividend (2.60%)
- CM — Canadian Imperial Bank of Commerce dividend (2.63%)
- PDC.TO — CI Canadian Dividend Index ETF dividend (2.59%)
- EOG — EOG Resources, Inc. dividend (2.58%)
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.