Coca-Cola Consolidated, Inc. (COKE) to Issue 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. Shareholders 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 annualized dividend and a yield of 0.80%.

Coca-Cola Consolidated has raised its dividend by an average of 58.7% annually over the last three years.

Coca-Cola Consolidated Stock Performance

Shares of COKE opened at $1,254.20 on Friday. Coca-Cola Consolidated has a 52 week low of $800.76 and a 52 week high of $1,376.84. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.15 and a current ratio of 2.47. The stock has a 50 day moving average price of $1,253.51 and a two-hundred day moving average price of $1,237.84. The firm has a market capitalization of $10.99 billion, a P/E ratio of 21.83 and a beta of 0.89.

Coca-Cola Consolidated (NASDAQ:COKE) last announced its earnings results 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.