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Keurig Dr Pepper reports revenue rise and boosted by major investors buying more shares.
Harvest Fund Management Co. Ltd. increased its holdings in Keurig Dr Pepper Inc. (KDP) by 27.8% in the fourth quarter, purchasing an additional 17,364 shares.
Meanwhile, Generali Asset Management SPA SGR bought 88,386 shares.
Keurig Dr Pepper reported a 5.2% increase in revenue to $4.07 billion and beat earnings expectations with $0.58 EPS.
The company recently announced a quarterly dividend of $0.23, with a $0.92 annualized dividend and a yield of 2.75%.
Keurig Dr Pepper operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International.
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Keurig Dr Pepper reporta aumento de ingresos e impulsado por los principales inversionistas que compran más acciones.