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

by · The Cerbat Gem

Coca-Cola Consolidated, Inc. (NASDAQ:COKE – Get Free Report) announced 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 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, October 23rd.

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

Coca-Cola Consolidated Trading Down 0.3%

Coca-Cola Consolidated stock traded down $0.57 during trading hours on Wednesday, reaching $212.62. 72,698 shares of the stock were exchanged, compared to its average volume of 515,933. The company has a market cap of $14.15 billion, a P/E ratio of 28.20 and a beta of 0.55. Coca-Cola Consolidated has a twelve month low of $126.00 and a twelve month high of $219.65. The stock has a 50 day moving average of $193.72 and a two-hundred day moving average of $188.06.

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

Coca-Cola Consolidated Company Profile

(Get Free Report)

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.

See Also