Coca-Cola Consolidated Announces Dividend for Third Quarter
Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has made headlines recently with the announcement of an upcoming dividend for the third quarter. This significant decision reflects the company’s commitment to delivering value to its shareholders.
Details of the Dividend
The Board of Directors at Coca-Cola Consolidated has declared a dividend of $0.25 per share. This distribution applies to both the Company's Common Stock and Class B Common Stock. The dividend is scheduled to be payable on a specific date, rewarding shareholders who hold their shares by the end of the designated record date.
Importance of this Dividend
This dividend is not just a figure; it is a symbol of Coca-Cola Consolidated's overall health and its ongoing strategy to provide returns to its investors. By consistently declaring dividends, the company reinforces its financial stability and growth potential in a competitive market. This will likely enhance investor confidence and appeal to those seeking income-generating investments.
About Coca-Cola Consolidated, Inc.
With its headquarters in Charlotte, North Carolina, Coca-Cola Consolidated stands as the largest Coca-Cola bottler in the United States. The company produces, sells, and distributes a wide range of beverages from The Coca-Cola Company along with other partner brands. This expansive portfolio includes over 300 different brands and flavors accessible to approximately 60 million consumers across 14 states and the District of Columbia.
Commitment to Community
For more than a century, Coca-Cola Consolidated has demonstrated a deep commitment to its consumers, customers, and surrounding communities. The purpose of the company is not only to deliver exceptional beverages but also to honor God in all endeavors, prioritize service, pursue excellence, and ensure profitable growth.
Contact Information
For any inquiries, Coca-Cola Consolidated provides dedicated contacts within their organization. For media-related questions, you can reach Brian K. Little, the Vice President of Corporate Communications, at (980) 378-5537 or via email at Brian.Little@cokeconsolidated.com. For investor relations, Matt Blickley, the Chief Financial Officer, can be contacted at (704) 557-4910 or Matt.Blickley@cokeconsolidated.com.
Frequently Asked Questions
What is the dividend amount declared by Coca-Cola Consolidated?
The company has declared a dividend of $0.25 per share for the third quarter.
When will shareholders receive the dividend?
The dividend is scheduled to be payable on a future date to those who hold shares by the record date.
Why is this dividend important for investors?
This dividend reflects the company's financial stability and commitment to returning value to shareholders, which can enhance investor confidence.
What is the main business of Coca-Cola Consolidated?
Coca-Cola Consolidated is the largest bottler of Coca-Cola products in the U.S., distributing a wide variety of beverages across numerous states.
How can I contact Coca-Cola Consolidated for more information?
Media inquiries can be directed to Brian K. Little, and investor inquiries to Matt Blickley, both reachable via their respective contact numbers and emails.
