Coca-Cola Consolidated, Inc. (COKE) to Distribute Quarterly Dividend of $2.50 on February 7th

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) declared a quarterly dividend on Friday, January 10th,RTT News reports. Investors of record on Friday, January 24th will be paid a dividend of 2.50 per share on Friday, February 7th. This represents a $10.00 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Friday, January 24th.

Coca-Cola Consolidated has increased its dividend payment by an average of 58.7% per year over the last three years.

Coca-Cola Consolidated Price Performance

NASDAQ COKE opened at $1,359.40 on Wednesday. The firm has a market capitalization of $11.91 billion, a PE ratio of 23.66 and a beta of 0.89. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.47 and a quick ratio of 2.15. Coca-Cola Consolidated has a 12 month low of $800.76 and a 12 month high of $1,438.50. The company’s 50 day simple moving average is $1,269.75 and its 200 day simple moving average is $1,248.95.

Coca-Cola Consolidated (NASDAQ:COKE) last announced its earnings results on Wednesday, October 30th. The company reported $18.81 earnings per share for the quarter. Coca-Cola Consolidated had a return on equity of 46.94% and a net margin of 7.81%. The business had revenue of $1.77 billion during the quarter.

Coca-Cola Consolidated Company Profile

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.