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

Coca-Cola Consolidated, Inc. (NASDAQ:COKE - Get Free Report) declared a quarterly dividend on Friday, January 10th,RTT News reports. Shareholders 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 0.80%.

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

Coca-Cola Consolidated Trading Down 2.6 %

Shares of Coca-Cola Consolidated stock traded down $32.95 during mid-day trading on Friday, hitting $1,254.20. The stock had a trading volume of 32,966 shares, compared to its average volume of 43,628. The firm has a 50-day moving average of $1,251.12 and a two-hundred day moving average of $1,235.02. The firm has a market cap of $10.99 billion, a P/E ratio of 21.83 and a beta of 0.89. The company has a quick ratio of 2.15, a current ratio of 2.47 and a debt-to-equity ratio of 1.39. Coca-Cola Consolidated has a 12-month low of $800.76 and a 12-month high of $1,376.84.

Coca-Cola Consolidated (NASDAQ:COKE - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $1.77 billion during the quarter.

About Coca-Cola Consolidated

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.