Coca-Cola Consolidated, Inc. Announces Fourth Quarter Dividend

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.

News Market Reaction – COKE

-5.18%

-5.18% Session move

In the trading session that priced this news, COKE declined 5.18%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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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 $0.25 per share on shares of the Company's Common Stock and Class B Common Stock payable on November 10, 2022 to shareholders of record as of the close of business on October 27, 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 Coca-Cola Consolidated (COKE) for Q4 2022?

Coca-Cola Consolidated (COKE) declared a dividend of $0.25 per share for the fourth quarter of 2022.

When will the dividend for Coca-Cola Consolidated (COKE) be paid?

The dividend will be paid on November 10, 2022.

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

The record date for the dividend is October 27, 2022.

How does the dividend impact shareholders of Coca-Cola Consolidated (COKE)?

The dividend declaration highlights the company's commitment to returning value to its shareholders.