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. Shareholders 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 increased 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 0.8%

Coca-Cola Consolidated stock traded down $1.67 during midday trading on Wednesday, reaching $211.52. The company’s stock had a trading volume of 28,314 shares, compared to its average volume of 515,775. Coca-Cola Consolidated has a 52 week low of $126.00 and a 52 week high of $219.65. The business has a 50-day moving average price of $193.72 and a 200-day moving average price of $188.06. The stock has a market cap of $14.08 billion, a PE ratio of 28.06 and a beta of 0.55.

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

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.