Dr Pepper Snapple Group Raises Quarterly Dividend 10.4% And Authorizes Additional $1 Billion Share Repurchase Program
Feb 11, 2016

PLANO, Texas, Feb. 11, 2016 /PRNewswire/ -- Dr Pepper Snapple Group, Inc. (NYSE: DPS) today announced that its Board of Directors declared a quarterly dividend of $0.53 per share on the company's common stock – a 10.4% increase in the dividend rate.  The dividend is payable in U.S. dollars on April 5, 2016, to shareholders of record on March 15, 2016.

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In addition, the company announced that its Board of Directors authorized the repurchase of an additional $1 billion of the company's common stock. In total, the company has now authorized $5 billion of share repurchases. Through the third quarter of 2015, the company repurchased $3.2 billion of its common stock.

About Dr Pepper Snapple Group

Dr Pepper Snapple Group (NYSE: DPS) is a leading producer of flavored beverages in North America and the Caribbean. Our success is fueled by more than 50 brands that are synonymous with refreshment, fun and flavor. We have 6 of the top 10 non-cola soft drinks, and 13 of our 14 leading brands are No. 1 or No. 2 in their flavor categories. In addition to our flagship Dr Pepper and Snapple brands, our portfolio includes 7UP, A&W, Canada Dry, Clamato, Crush, Hawaiian Punch, Mott's, Mr & Mrs T mixers, Peñafiel, Rose's, Schweppes, Squirt and Sunkist soda. To learn more about our iconic brands and Plano, Texas-based company, please visit www.DrPepperSnapple.com. For our latest news and updates, follow us at www.Facebook.com/DrPepperSnapple or www.Twitter.com/DrPepperSnapple.

Contacts:

Media Relations


Chris Barnes, (972) 673-5539




Investor Relations


Heather Catelotti, (972) 673-5869

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SOURCE Dr Pepper Snapple Group, Inc.

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