Keurig Dr Pepper stock reflects Q2 growth and dividend

Keurig Dr Pepper stock stood at USD 31.76 on Nasdaq on September 23, 2026, while the company paired Q2 sales growth with a new dividend payment date. The share price was up USD 0.25, or 0.79 percent, from the previous close of USD 31.51.

Sales rise after acquisition

StockTitan reports that Q2 2026 net sales reached USD 7.31 billion, an increase of 75.6 percent from the prior-year quarter. Constant-currency sales growth was 74.6 percent, with the JDE Peet's acquisition contributing USD 2.8 billion of incremental net sales.

The headline growth came with a sharp split in profitability. GAAP operating income fell 30.1 percent to USD 628 million, while adjusted operating income increased 42.9 percent to USD 1.478 billion and produced a 20.2 percent adjusted operating margin.

Adjusted earnings improve

Adjusted diluted EPS rose 16.3 percent to USD 0.57 in Q2 2026, while GAAP diluted EPS was USD 0.04. Operating cash flow reached USD 895 million and free cash flow was USD 714 million during the quarter.

Management's 2026 constant-currency net sales guidance stands at USD 25.9 billion to USD 26.4 billion. The range gives investors a concrete benchmark for measuring whether the acquisition-led sales lift converts into recurring growth beyond the second quarter.

Dividend sets the next date

Keurig Dr Pepper declared a regular quarterly dividend of USD 0.23 per share on September 16, 2026. The payment is scheduled for October 9, 2026, for shareholders of record on September 28, 2026.

At USD 31.76, the stock was 6.09 percent below its 52-week high of USD 33.82 and 27.63 percent above its 52-week low of USD 24.88. The market capitalization was USD 43.21 billion on September 23, 2026.