Coca-Cola Consolidated (COKE) Raises Quarterly Dividend 400% to $2.50; 0.8% Yield

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Coca-Cola Consolidated Announces Dividend Increase and Share Repurchase Program

August 20, 2024 4:10 PM EDT

Quarterly dividend increased to $2.50 per share, up from $0.50 per share
Board of Directors approves $1.0 billion share repurchase program

CHARLOTTE, N.C., Aug. 20, 2024 (GLOBE NEWSWIRE) -- CocaCola Consolidated, Inc. (NASDAQ: COKE) announced today that its Board of Directors increased the Companys quarterly dividend to $2.50 per share (up from $0.50 per share). The increased dividend will be payable November 8, 2024 to Common Stock and Class B Common Stock stockholders of record as of October 25, 2024.

The Companys Board of Directors also approved a $1.0 billion share repurchase program for the... More