Dr Pepper Snapple Group (DPSG) has announced the details of its latest dividend payment.

The company, which posted a marked slide in Q1 net profits last month, said late yesterday that its board has declared a quarterly dividend of US$0.34 per share on its common stock.

DPSG said that the payment would be made on 6 July to shareholders of record on 18 June.

The firm will issue its first-half numbers in July.