Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Declares Quarterly Dividend of $0.25

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) declared a quarterly dividend on Friday, July 10th. Shareholders of record on Friday, July 24th will be given a dividend of 0.25 per share on Friday, August 7th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, July 24th.

Coca-Cola Consolidated has increased its dividend by an average of 0.6%annually over the last three years and has increased its dividend annually for the last 2 consecutive years.

Coca-Cola Consolidated Price Performance

COKE stock opened at $183.09 on Wednesday. The firm’s fifty day simple moving average is $180.06 and its 200-day simple moving average is $180.11. The company has a market capitalization of $12.19 billion, a P/E ratio of 25.05 and a beta of 0.54. Coca-Cola Consolidated has a 12 month low of $110.40 and a 12 month high of $219.65.

Coca-Cola Consolidated (NASDAQ:COKE) last issued its earnings results on Wednesday, May 6th. The company reported $1.79 earnings per share (EPS) for the quarter. The firm had revenue of $1.71 billion during the quarter. Coca-Cola Consolidated had a net margin of 7.72% and a return on equity of 138.44%.

About Coca-Cola Consolidated

Founded in 1902 and headquartered in Charlotte, North Carolina, Coca-Cola Consolidated, Inc is the largest independent bottler of Coca-Cola products in the United States. The company manufactures, sells and distributes a broad portfolio of sparkling and still beverages under exclusive agreements with The Coca-Cola Company. Its brand lineup includes Coca-Cola, Diet Coke, Sprite and Fanta, as well as noncarbonated offerings such as Minute Maid juices, Gold Peak teas, Dasani water, Powerade sports drinks and vitaminwater.

Coca-Cola Consolidated’s operations span 14 states and the District of Columbia across the Southeastern, South Central and Mid-Atlantic regions.