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Coca-Cola Consolidated, Inc. Announces First Quarter Dividend

Coca-Cola Consolidated (NASDAQ: COKE) has declared a first-quarter dividend of $0.25 per share on its Common and Class B Common Stock.

(Neutral)

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Rhea-AI Summary

Coca-Cola Consolidated (NASDAQ: COKE) has declared a first-quarter dividend of $0.25 per share on its Common and Class B Common Stock.
This dividend will be payable on February 11, 2022 to shareholders on record as of January 28, 2022. The company, headquartered in Charlotte, N.C., is the largest Coca-Cola bottler in the U.S., serving over 66 million consumers across 14 states and the District of Columbia.

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Positive

  • Declared a dividend of $0.25 per share for Q1 2022.
  • Demonstrates commitment to returning value to shareholders.

Negative

  • None.
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-3.82% session move Open Argus
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News Market Reaction – COKE

The recorded move for COKE in the trading session of this news was -3.82%.

Data tracked by StockTitan Argus. Session date unavailable.

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CHARLOTTE, N.C., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that the Board of Directors has declared a dividend for the first quarter of 2022 of $0.25 per share on shares of the Company's Common Stock and Class B Common Stock payable on February 11, 2022 to shareholders of record as of the close of business on January 28, 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 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 Sustainability
704-557-4584

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


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the Coca-Cola Consolidated dividend amount for Q1 2022?

The dividend amount for Q1 2022 is $0.25 per share.

When will the Coca-Cola Consolidated dividend be paid?

The dividend will be paid on February 11, 2022.

What is the record date for the Coca-Cola Consolidated dividend?

The record date for the dividend is January 28, 2022.

Is the Coca-Cola Consolidated dividend sustainable?

The press release does not provide specific information on the sustainability of the dividend.

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