Coca-Cola Consolidated, Inc. Announces Fourth Quarter Dividend

Rhea-AI Summary

Coca-Cola Consolidated announced a fourth-quarter dividend of $0.25 per share on its Common and Class B Common Stock. This dividend will be paid on November 5, 2021, to shareholders on record by October 22, 2021. As the largest Coca-Cola bottler in the U.S., the company remains committed to serving over 66 million consumers with a broad range of beverages across 14 states and D.C.

Positive

• Dividend of $0.25 per share indicates strong cash flow management.
• Decades-long commitment to beverage distribution enhances investor confidence.

Negative

• None.

CHARLOTTE, N.C., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that the Board of Directors has declared a dividend for the fourth quarter of 2021 of $0.25 per share on shares of the Company's Common Stock and Class B Common Stock payable on November 5, 2021 to shareholders of record as of the close of business on October 22, 2021.

About Coca-Cola Consolidated, Inc.

Coca-Cola Consolidated is the largest Coca-Cola bottler in the United States. Our Purpose is to honor God in all we do, serve others, pursue excellence and grow profitably. For over 119 years, we have been deeply committed to the consumers, customers, and communities we serve and passionate about the broad portfolio of beverages and services we offer. We make, sell and distribute beverages of The Coca-Cola Company and other partner companies in more than 300 brands and flavors across 14 states and the District of Columbia to over 66 million consumers.

Headquartered in Charlotte, N.C., Coca-Cola Consolidated is traded on the NASDAQ Global Select Market under the symbol “COKE.” More information about the Company is available at www.cokeconsolidated.com. Follow Coca-Cola Consolidated on Facebook, Twitter, Instagram and LinkedIn.

–Enjoy Coca-Cola–

Media Contact:
Kimberly Kuo
Senior Vice President, Public Affairs, Communications and Communities
704-557-4584

Investor Contact:
Scott Anthony
Executive Vice President, Chief Financial Officer
704-557-4633

FAQ

What is the dividend amount for COKE announced in October 2021?

The dividend amount announced is $0.25 per share.

When is the dividend for COKE payable?

The dividend is payable on November 5, 2021.

What is the record date for the COKE dividend?

The record date for the dividend is October 22, 2021.

How often does COKE declare dividends?

COKE typically declares dividends quarterly.

What is the significance of the COKE dividend for investors?

The dividend reflects Coca-Cola Consolidated's strong cash flow management and commitment to returning value to shareholders.