Coca-Cola Consolidated, Inc. (NASDAQ:COKE) to Issue Quarterly Dividend of $2.50

Coca-Cola Consolidated, Inc. (NASDAQ:COKE) declared a quarterly dividend on Friday, January 10th,RTT News reports. Stockholders of record on Friday, January 24th will be given a dividend of 2.50 per share on Friday, February 7th. This represents a $10.00 dividend on an annualized basis and a dividend yield of 0.80%.

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

Coca-Cola Consolidated Stock Performance

Shares of Coca-Cola Consolidated stock traded down $32.95 on Friday, reaching $1,254.20. 30,256 shares of the company traded hands, compared to its average volume of 43,626. Coca-Cola Consolidated has a 52 week low of $800.76 and a 52 week high of $1,376.84. The company has a 50 day moving average of $1,251.12 and a 200 day moving average of $1,235.02. The firm has a market capitalization of $10.99 billion, a PE ratio of 21.83 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 (NASDAQ:COKE) last released its quarterly earnings data on Wednesday, October 30th. The company reported $18.81 EPS for the quarter. The company had revenue of $1.77 billion during the quarter. Coca-Cola Consolidated had a net margin of 7.81% and a return on equity of 46.94%.

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.