Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Shareholders to Collect $0.25 Quarterly Dividend

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

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

Coca-Cola Consolidated Trading Down 1.1%

COKE traded down $2.35 on Wednesday, reaching $210.84. The stock had a trading volume of 44,369 shares, compared to its average volume of 515,782. Coca-Cola Consolidated has a fifty-two week low of $126.00 and a fifty-two week high of $219.65. The firm has a 50-day moving average of $193.72 and a 200-day moving average of $188.06. The company has a market capitalization of $14.03 billion, a price-to-earnings ratio of 28.04 and a beta of 0.55.

Coca-Cola Consolidated (NASDAQ:COKE) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $2.83 earnings per share (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%.

Coca-Cola Consolidated Company Profile

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.