Coca-Cola Consolidated, Inc. (NASDAQ:COKE – Get Free Report) declared a quarterly dividend on Friday, April 11th, RTT News reports. Shareholders of record on Friday, April 25th will be given a dividend of 2.50 per share on Friday, May 9th. This represents a $10.00 annualized dividend and a yield of 0.72%.
Coca-Cola Consolidated has raised its dividend by an average of 58.7% per year over the last three years.
Coca-Cola Consolidated Stock Up 1.1 %
Shares of NASDAQ COKE traded up $15.22 during midday trading on Friday, hitting $1,395.16. The company’s stock had a trading volume of 37,677 shares, compared to its average volume of 49,711. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. The firm has a market capitalization of $12.16 billion, a price-to-earnings ratio of 19.97 and a beta of 0.88. The business’s fifty day simple moving average is $1,355.76 and its two-hundred day simple moving average is $1,300.62. Coca-Cola Consolidated has a 1 year low of $800.76 and a 1 year high of $1,460.92.
Coca-Cola Consolidated (NASDAQ:COKE – Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $18.11 earnings per share (EPS) for the quarter. Coca-Cola Consolidated had a return on equity of 49.88% and a net margin of 9.18%. The firm had revenue of $1.75 billion during the quarter.
Analysts Set New Price Targets
Separately, StockNews.com cut Coca-Cola Consolidated from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 19th.
Get Our Latest Analysis on COKE
About Coca-Cola Consolidated
Coca-Cola Consolidated, Inc, together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks.
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