Coca-Cola Consolidated, Inc. (NASDAQ:COKE) to Issue Quarterly Dividend of $0.50

Coca-Cola Consolidated, Inc. (NASDAQ:COKEGet Free Report) declared a quarterly dividend on Friday, April 12th, NASDAQ reports. Shareholders of record on Friday, April 26th will be given a dividend of 0.50 per share on Friday, May 10th. This represents a $2.00 annualized dividend and a dividend yield of 0.24%. The ex-dividend date is Thursday, April 25th.

Coca-Cola Consolidated has raised its dividend payment by an average of 26.0% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Coca-Cola Consolidated Stock Up 0.0 %

COKE stock opened at $831.01 on Wednesday. The company has a current ratio of 1.56, a quick ratio of 1.27 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $7.79 billion, a PE ratio of 19.12 and a beta of 0.74. Coca-Cola Consolidated has a 1-year low of $552.36 and a 1-year high of $961.91. The business’s 50 day simple moving average is $833.69 and its 200 day simple moving average is $802.38.

Coca-Cola Consolidated (NASDAQ:COKEGet Free Report) last posted its earnings results on Wednesday, February 21st. The company reported $13.39 earnings per share for the quarter. The business had revenue of $1.63 billion for the quarter. Coca-Cola Consolidated had a return on equity of 44.12% and a net margin of 6.14%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Coca-Cola Consolidated from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 23rd.

Read Our Latest Stock Report on Coca-Cola Consolidated

Coca-Cola Consolidated Company Profile

(Get Free Report)

Coca-Cola Consolidated, Inc, together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks.

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Dividend History for Coca-Cola Consolidated (NASDAQ:COKE)

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