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

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) declared a quarterly dividend on Friday, January 9th. Shareholders of record on Friday, January 23rd will be paid a dividend of 0.25 per share on Friday, February 6th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, January 23rd.

Coca-Cola Consolidated has raised its dividend payment by an average of 0.8%annually over the last three years and has increased its dividend every year for the last 2 years.

Coca-Cola Consolidated Stock Up 1.1%

Shares of COKE stock opened at $153.11 on Wednesday. Coca-Cola Consolidated has a 1 year low of $105.21 and a 1 year high of $169.49. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.79 and a current ratio of 2.04. The business’s fifty day moving average is $159.05 and its 200-day moving average is $133.87. The stock has a market cap of $13.08 billion, a PE ratio of 21.80 and a beta of 0.65.

Coca-Cola Consolidated Company Profile

Founded in 1902 and headquartered in Charlotte, North Carolina, Coca-Cola Consolidated, Inc is the largest independent bottler of Coca-Cola products in the United States. The company manufactures, sells and distributes a broad portfolio of sparkling and still beverages under exclusive agreements with The Coca-Cola Company. Its brand lineup includes Coca-Cola, Diet Coke, Sprite and Fanta, as well as noncarbonated offerings such as Minute Maid juices, Gold Peak teas, Dasani water, Powerade sports drinks and vitaminwater.

Coca-Cola Consolidated’s operations span 14 states and the District of Columbia across the Southeastern, South Central and Mid-Atlantic regions.