Coca-Cola Consolidated, Inc. Announces Third Quarter Dividend

Rhea-AI Summary

Coca-Cola Consolidated, Inc. (NASDAQ: COKE) declared a third-quarter dividend of $0.25 per share for Common and Class B Common Stock. This dividend is payable on August 12, 2022 to shareholders on record as of July 29, 2022. The company, the largest Coca-Cola bottler in the U.S., has a rich history of over 120 years and serves about 60 million consumers across 14 states and D.C.

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• Declared a dividend of $0.25 per share, enhancing shareholder income.

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• None.

CHARLOTTE, N.C., July 15, 2022 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that the Board of Directors has declared a dividend for the third quarter of 2022 of $0.25 per share on shares of the Company's Common Stock and Class B Common Stock payable on August 12, 2022 to shareholders of record as of the close of business on July 29, 2022.

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 120 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, Twitter, Instagram and LinkedIn.

–Enjoy Coca-Cola–

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

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

FAQ

What is the dividend amount declared by COKE for Q3 2022?

Coca-Cola Consolidated declared a dividend of $0.25 per share for Q3 2022.

When is the dividend payment date for COKE shareholders?

The dividend for Coca-Cola Consolidated is payable on August 12, 2022.

What is the record date for the COKE dividend?

Shareholders must be on record by July 29, 2022, to receive the dividend.

How often does COKE pay dividends?

Coca-Cola Consolidated typically pays dividends quarterly.

Is the dividend from COKE considered sustainable?

The sustainability of the dividend will depend on the company's financial performance and cash flow.