KDP Keurig Dr Pepper Inc

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Dr Pepper Snapple Group, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On February 11, 2016 Dr Pepper Snapple Group, Inc. (the "Company") issued a press release announcing that its Board of Directors declared a quarterly dividend of $0.53 per share on the common stock of the Company, a 10.4% increase in the dividend rate. The dividend is payable on April 5, 2016, to shareholders of record on March 15, 2016.

In that press release the Company also announced that its Board of Directors authorized the repurchase of an additional $1 billion of the Company's outstanding common stock. In total, the Company has now authorized $5 billion of share repurchases.

A copy of the press release is attached as Exhibit 99.1 to this report.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 -- Dr Pepper Snapple Group, Inc. Press Release dated February 11, 2016--"Dr Pepper Snapple Group Raises Quarterly Dividend 10.4% and Authorizes Additional $1 Billion Share Repurchase Program"

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Exhibit Index

DR PEPPER SNAPPLE GROUP RAISES QUARTERLY DIVIDEND 10.4% AND AUTHORIZES ADDITIONAL $1 BILLION SHARE
REPURCHASE PROGRAM

Plano, TX, Feb. 11, 2016 – 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.

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.

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