Coca-Cola Consolidated, Inc. (NASDAQ:COKE) Plans $0.50 Quarterly Dividend

Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Get Free Report) declared a quarterly dividend on Friday, April 12th, NASDAQ reports. Stockholders of record on Friday, April 26th will be paid a dividend of 0.50 per share on Friday, May 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date is Thursday, April 25th.

Coca-Cola Consolidated has increased its dividend by an average of 26.0% annually over the last three years and has raised its dividend every year for the last 1 years.

Coca-Cola Consolidated Trading Up 0.0 %

Shares of Coca-Cola Consolidated stock traded up $0.36 during trading on Tuesday, reaching $831.01. 23,589 shares of the stock were exchanged, compared to its average volume of 45,378. The company has a quick ratio of 1.27, a current ratio of 1.56 and a debt-to-equity ratio of 0.42. The firm has a market cap of $7.79 billion, a price-to-earnings ratio of 19.07 and a beta of 0.74. Coca-Cola Consolidated has a 1 year low of $552.36 and a 1 year high of $961.91. The stock's fifty day moving average is $833.69 and its 200 day moving average is $802.38.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last posted its earnings results on Wednesday, February 21st. The company reported $13.39 earnings per share (EPS) for the quarter. The company had revenue of $1.63 billion for the quarter. Coca-Cola Consolidated had a return on equity of 44.12% and a net margin of 6.14%.


Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Coca-Cola Consolidated from a "buy" rating to a "strong-buy" rating in a research report on Friday, February 23rd.

Read Our Latest Stock Analysis on COKE

Coca-Cola Consolidated Company Profile

(Get Free Report)

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.

See Also

Dividend History for Coca-Cola Consolidated (NASDAQ:COKE)

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