Coca-Cola Consolidated, Inc. (NASDAQ:COKE – Get Free Report) announced a quarterly dividend on Friday, October 9th. Shareholders of record on Friday, October 23rd will be paid 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 of this dividend is Friday, October 23rd.
Coca-Cola Consolidated has raised its dividend by an average of 0.6% annually over the last three years and has raised its dividend annually for the last 2 consecutive years.
Coca-Cola Consolidated Stock Performance
Shares of NASDAQ COKE traded down $1.67 during midday trading on Wednesday, hitting $211.52. 28,314 shares of the stock traded hands, compared to its average volume of 515,775. The company has a market cap of $14.08 billion, a PE ratio of 28.06 and a beta of 0.55. Coca-Cola Consolidated has a one year low of $126.00 and a one year high of $219.65. The business has a 50 day moving average price of $193.72 and a two-hundred day moving average price of $188.06.
Coca-Cola Consolidated (NASDAQ:COKE – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $2.83 earnings per share for the quarter. Coca-Cola Consolidated had a negative return on equity of 1,041.59% and a net margin of 7.15%. The company had revenue of $2.05 billion for 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.
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