19.11.2015 - Keurig Green Mountain improved forecasts and raised its dividend

Shares of Keurig Green Mountain show an increase after the publication of the report for the third quarter, according to which the company's revenues fell to 94.6 million dollars against 141.1 million dollars during the same period last year. At the same time the company announced a quarterly dividend increase to 32.5 cents per share and raised its forecast for the company's revenues in 2016 fiscal year to 3.25-3.45 dollars per share. Revenue fell by 13% to 1.4 billion. We expect strong growth shares of the company in the near future and medium term.

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