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Coca-Cola Consolidated, Inc. Announces Third Quarter Dividend

Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has declared a dividend of $0.25 per share for Q3 2020, payable on August 7, 2020, to shareholders of record by the close of business on July 24, 2020.

(Neutral)

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.

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dividends

Rhea-AI Summary

Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has declared a dividend of $0.25 per share for Q3 2020, payable on August 7, 2020, to shareholders of record by the close of business on July 24, 2020. As the largest Coca-Cola bottler in the U.S., Coca-Cola Consolidated continues its commitment to serve consumers with a wide portfolio of beverages, having reached 66 million consumers across 14 states and the District of Columbia. This dividend declaration reflects the company's ongoing efforts to deliver returns to its shareholders while maintaining its operational excellence.

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Positive

  • Declared a dividend of $0.25 per share, enhancing shareholder return.
  • Continues to operate as the largest Coca-Cola bottler in the U.S., indicating strong market position.

Negative

  • None.
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-0.09% 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 -0.09%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CHARLOTTE, N.C., July 10, 2020 (GLOBE NEWSWIRE) -- Coca-Cola Consolidated, Inc. (NASDAQ: COKE) announced that the Board of Directors has declared a dividend for the third quarter of 2020 of $0.25 per share on shares of the Company's Common Stock and Class B Common Stock payable on August 7, 2020 to shareholders of record as of the close of business on July 24, 2020.

About Coca-Cola Consolidated, Inc.

Coke Consolidated is the largest Coca-Cola bottler in the United States. Our Purpose is to honor God, serve others, pursue excellence and grow profitably. For 118 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 deliver beverages of The Coca-Cola Company and other partner companies in more than 300 brands and flavors to 66 million consumers in territories spanning 14 states and the District of Columbia.

Headquartered in Charlotte, N.C., Coke 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 Coke Consolidated on Facebook, Twitter, Instagram and LinkedIn.

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

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

–Enjoy Coca-Cola–


FAQ

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

What is the dividend amount declared by COKE for Q3 2020?

Coca-Cola Consolidated has declared a dividend of $0.25 per share for Q3 2020.

When is the dividend for COKE payable?

The dividend will be payable on August 7, 2020.

What is the record date for the COKE dividend?

The record date for the dividend is July 24, 2020.

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