Coca-Cola Consolidated, Inc. (COKE) to Distribute Quarterly Dividend of $0.25 on November 6th

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) declared a quarterly dividend on Friday, October 9th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.25 per share on Friday, November 6th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, October 23rd.

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

Coca-Cola Consolidated Price Performance

Shares of Coca-Cola Consolidated stock traded down $0.84 during trading on Wednesday, hitting $212.34. 58,264 shares of the company’s stock traded hands, compared to its average volume of 515,848. Coca-Cola Consolidated has a 1 year low of $126.00 and a 1 year high of $219.65. The stock has a market capitalization of $14.13 billion, a P/E ratio of 28.16 and a beta of 0.55. The business has a 50-day simple moving average of $193.72 and a 200-day simple moving average of $188.06.

Coca-Cola Consolidated (NASDAQ:COKE) last released its quarterly earnings data on Wednesday, August 5th. The company reported $2.83 EPS for the quarter. The company had revenue of $2.05 billion during the quarter. Coca-Cola Consolidated had a negative return on equity of 1,041.59% and a net margin of 7.15%.

About Coca-Cola Consolidated

Coca-Cola Consolidated, Inc is the largest Coca-Cola bottler in the United States. Based in Charlotte, North Carolina, the company produces, sells, markets and distributes a broad portfolio of nonalcoholic beverages for The Coca-Cola Company and other brand owners.

Its products include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, DASANI, smartwater, POWERADE, Minute Maid and fairlife, along with other soft drinks, water, sports drinks, juices, dairy beverages and emerging beverage brands.