Coca-Cola Consolidated, Inc. Announces Fourth Quarter Dividend
Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has declared a fourth-quarter dividend of $0.25 per share on its Common and Class B Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has declared a fourth-quarter dividend of $0.25 per share on its Common and Class B Common Stock. The dividend will be payable on November 10, 2022, to shareholders on record as of the close of business on October 27, 2022. This announcement highlights the company's ongoing commitment to returning value to its shareholders while reinforcing its position as the largest Coca-Cola bottler in the U.S.
Positive
- Declared a dividend of $0.25 per share for Q4 2022, reinforcing shareholder value.
Negative
- None.
Details
News Market Reaction – COKE
The recorded move for COKE in the trading session of this news was -5.18%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHARLOTTE, N.C., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that the Board of Directors has declared a dividend for the fourth quarter of 2022 of
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
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