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One of the most prominent tech giants in the galaxy hiked its distribution by 10%. A unique beverage company wasn't far behind, declaring a dividend raise of 7%.
KDP hikes its quarterly dividend to 92 cents per share from 86 cents.
BURLINGTON, Mass. and FRISCO, Texas , Sept.
Despite claims by Keurig, a redesign of its plastic K-Cup products did not make them suitable for all curbside recycling.
The Securities and Exchange Commission on Tuesday charged Keurig Dr Pepper (KDP) with making inaccurate statements about the recyclability of its single-use K-Cup pods.
The Securities and Exchange Commission on Tuesday charged Keurig Dr Pepper (KDP) with making inaccurate statements about the recyclability of its single-use K-Cup pods.
The company claimed its pods could be recycled anywhere, even though the two biggest recycling companies in the U.S. said they wouldn't take them, regulators said.
The Securities and Exchange Commission has charged Keurig Dr Pepper for making inaccurate claims about the recyclability of its K-Cups. The agency said that the beverage giant failed to disclose that two of the biggest U.S. recyclers said they wouldn't accept the pods for recycling.
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Keurig Dr Pepper Inc. (NASDAQ:KDP ) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Jane Gelfand - Vice President of Investor Relations & Strategic Initiatives Tim Cofer - Chief Operating Officer Sudhanshu Priyadarshi - CFO & President of International Conference Call Participants Bryan Spillane - Bank of America Peter Grom - UBS Lauren Lieberman - Barclays Dara Mohsenian - Morgan Stanley Chris Carey - Wells Fargo Bonnie Herzog - Goldman Sachs Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Keurig Dr. Pepper's Second Quarter 2024 Earnings Call.