SmarterDividends
KDP

Keurig Dr Pepper Inc.

KDP

Consumer Defensive · Stock · quarterly payer

Forward Yield

3.06%

Annual Dividend

$0.92

Payout Ratio

68%

5-Yr Growth

8.9%

Ex-Date

Jun 26, 2026

Frequency

Quarterly

KDP Dividend Safety Score

65/ 100
Grade C

Borderline

Dividend-growth streak7 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage68% of earnings paid out
Balance-sheet strengthDebt/equity of 0.86
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is KDP a good dividend stock?

Yes, with caveats

Keurig Dr Pepper Inc. (KDP) pays a quarterly dividend yielding 3.06% ($0.92/yr), with 6 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 8.9% 5-yr dividend growth

Risks

  • Cut its dividend in 2018
  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.06%
Payout Ratio
68%
Annual Dividend
$0.92
5-Yr Avg Growth
8.9%
Ex-Dividend Date
Jun 26, 2026
Years of Growth
6
Frequency
quarterly
Beta
0.42
Market Cap
$40.9B
P/E Ratio
22.3
5-Yr Total Return
-13%
52-Week Range
$24.88 – $35.94
Dividend Safety
C · 65/100
Ever Cut?
Yes (2018)
KDP ex-dividend date & scheduleNext ex-date Jun 26, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.92 / yr per share

Per payment (quarterly)$23.00
Annual$92.00
Monthly avg$7.67