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Dr Pepper Snapple Group Inc Issues FY 2013 Guidance; EPS Guidance Below Analysts' Estimates; Raises Quarterly Dividend

Wednesday, 13 Feb 2013 08:00am EST 

Dr Pepper Snapple Group Inc announced that for fiscal 2013, it expects net sales growth of approximately 3% and diluted earnings per share to be in the $3.04 to $3.12 range, excluding the impact of commodity mark-to-market gains and losses. The Company reported revenue of $5.995 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $6.167 billion and EPS of $3.20 for fiscal 2013. The Company also announced that its Board of Directors declared a quarterly dividend of $0.38 per share on the Company`s common stock - a 12% increase in the dividend rate. The dividend is payable in U.S. dollars on April 5, 2013, to shareholders of record as of close of business on March 15, 2013. 

Company Quote

0.07 +0.11%
22 Oct 2014