Why did Keurig stock drop in 2018?
This was not because of a change in company's fundamentals but due to the sharp rise in the EPS following the acquisition. The stock price increased but not as much as the EPS between December 2018 and December 2020 as the effect of the acquisition was already accounted for in the price, leading to a drop in P/E.
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.
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.
Keurig Dr Pepper Inc's trailing 12-month revenue is $13.3 billion with a 16.4% profit margin. Year-over-year quarterly sales growth most recently was 13.2%. Analysts expect adjusted earnings to reach $1.688 per share for the current fiscal year. Keurig Dr Pepper Inc currently has a 1.9% dividend yield.
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.
According to our Keurig Dr Pepper stock split history records, Keurig Dr Pepper has had 0 splits. To make the "Dividend Channel S.A.F.E.
On the first sip, you taste the splash of bold cherry. Then comes a light note of vanilla, and it's all wrapped in the authentic flavor of Dr Pepper. So where's the diet? Sorry, there's nothing diet about this delicious soda fountain blend.
At the end of 2015, Keurig Green Mountain was sold to a Luxembourg-based private equity firm, JAB Holding Co., for $13.9 billion, returning the company to private ownership.
Pepper distribution for $715 million. In a much-anticipated acquisition deal, co*ke is paying Dr Pepper Snapple Group Inc $715 million for the right to sell Dr. Pepper and other soft drinks once co*ke acquires its biggest North American bottler.
| Glass bottle of Dr Pepper | |
|---|---|
| Type | Soft drink |
| Manufacturer | Keurig Dr Pepper (2008–present; United States only) The Coca-Cola Company (Europe and South Korea only) PepsiCo (Canada and Oceania only) |
| Distributor | Keurig Dr Pepper |
| Country of origin | United States |
Does KDP pay a dividend?
BURLINGTON, Mass. and FRISCO, Texas, May 19, 2022 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.1875 per share, payable in U.S. dollars, on the Company's common stock.
Commenting on the announcement, Keurig Dr Pepper CEO Bob Gamgort stated, “The combination of these two great companies creates the scale, portfolio and selling and distribution capabilities to compete differently in the beverage industry.
The good news is that unlike back in the days, today you can buy shares in companies like Dr Pepper fully online.
Carbonated Water, Sugar, Colour (Caramel E150d), Phosphoric Acid, Preservative (Potassium Sorbate), Flavourings Including Caffeine, Sweeteners (Aspartame, Acesulfame K).
Earnings per share or EPS is a common metric used to carry out corporate value. It can be defined as the value of earnings per outstanding share of common stock of the company. EPS indicates the company's profitability by showing how much money a business makes for each share of its stock.
ALABAMA: Dr Pepper
A tried-and-true classic, Dr Pepper (yes, it's stylized without the period) has many fans in Alabama. And while Alabamans may claim this soda now, its roots lie in Texas. A pharmacist invented the cinnamon-flavored soda in 1885 in Waco, Texas—there's even a Dr Pepper Museum in its honor.
Alderton was a pharmacist at Morrison's Old Corner Drug Store in Waco, Texas and mixed the unique tasting drink after experimenting with many blends of fruit-based flavors. His boss, Wade Morrison, named the drink after his first employer, Dr. Charles Pepper of Rural Retreat, Va.
Carbonated Water, Sugar, Colour (Caramel E150d), Phosphoric Acid, Preservative (Potassium Sorbate), Flavourings Including Caffeine, Sweeteners (Aspartame, Acesulfame K).
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billion and nearly 27,000 employees.
