Cott Corp. (COT) Misses Q2 EPS by 11c
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Cott Corp. (COT) Declares $0.06 Quarterly Dividend; 1.7% Yield
August 4, 2016 6:53 AM EDTCott Corp. (NYSE: COT) declared a quarterly dividend of $0.06 per share, or $0.24 annualized.
The dividend will be payable on September 7, 2016, to stockholders of record on August 25, 2016, with an ex-dividend date of August 23, 2016.
The annual yield on the dividend is 1.7... More
Cott Corp. (COT) to Acquire S&D Coffee in $355M Deal; Reports Q2 Results
August 4, 2016 6:51 AM EDTCott Corporation (NYSE: COT) announced its results for the second quarter ended July 2, 2016, and also announced that it has entered into a definitive stock purchase agreement to acquire S&D Coffee, Inc. ("S&D"), a premium coffee roaster and provider of customized coffee, tea, and extract solutions to the foodservice, convenience, gas, hospitality and office segments in the United States. The purchase price is approximately $355 million, on a debt and cash free basis, and represents a high 6X post synergy adjusted EBITDA multiple. Ron Hinson, S&D's Chief Executive Officer, and S&D's... More
