Coca-Cola Consolidated, Inc. Announces Third Quarter Dividend

Rhea-AI Summary

Coca-Cola Consolidated, the largest Coca-Cola bottler in the United States, announced a third quarter dividend of $0.50 per share for 2024. This dividend applies to both Common Stock and Class B Common Stock. The dividend will be paid on August 9, 2024, to shareholders who are recorded as of the close of business on July 26, 2024.

Headquartered in Charlotte, NC, Coca-Cola Consolidated serves approximately 60 million consumers across 14 states and the District of Columbia. The company is listed on the Nasdaq Global Select Market under the symbol 'COKE'.

Positive

• Declared dividend of $0.50 per share indicates confidence in financial stability.
• Payment date set for August 9, 2024, ensures timely income for shareholders.

Negative

• Dividend payment might reduce company cash reserves.

CHARLOTTE, N.C., July 12, 2024 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that the Board of Directors has declared a dividend for the third quarter of 2024 of $0.50 per share on shares of the Company's Common Stock and Class B Common Stock payable on August 9, 2024 to shareholders of record as of the close of business on July 26, 2024.

CONTACTS:
Ashley Brown (Media)		Scott Anthony (Investors)
Director, External Communications		Executive Vice President & Chief Financial Officer
(803) 979-2849		(704) 557-4633
Ashley.Brown@cokeconsolidated.com		Scott.Anthony@cokeconsolidated.com

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, to serve others, to pursue excellence and to grow profitably. For over 122 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 approximately 60 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, X, Instagram and LinkedIn.

–Enjoy Coca-Cola–

FAQ

What is the dividend amount declared by Coca-Cola Consolidated for the third quarter of 2024?

Coca-Cola Consolidated has declared a dividend of $0.50 per share for the third quarter of 2024.

When will Coca-Cola Consolidated pay the third quarter dividend for 2024?

The third quarter dividend will be paid on August 9, 2024.

What is the record date for Coca-Cola Consolidated's third quarter dividend?

The record date for the third quarter dividend is July 26, 2024.

Which stocks are eligible for Coca-Cola Consolidated's third quarter dividend?

The dividend applies to shares of the Company's Common Stock and Class B Common Stock.

What is the ticker symbol for Coca-Cola Consolidated?

The ticker symbol for Coca-Cola Consolidated is 'COKE'.