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CHARLOTTE - Coca-Cola Consolidated, Inc. (NASDAQ:COKE) announced Friday that its Board of Directors has declared a quarterly dividend of $0.25 per share for the third quarter of 2025. The company has maintained dividend payments for 54 consecutive years, with a current yield of 0.88%.
The dividend will be payable on August 8, 2025, to stockholders of record as of the close of business on July 25, 2025. The payment applies to both Common Stock and Class B Common Stock shareholders. According to InvestingPro analysis, the stock currently trades below its Fair Value, suggesting potential upside opportunity.
Coca-Cola Consolidated serves as the largest Coca-Cola bottler in the United States, operating across 14 states and the District of Columbia. With a market capitalization of $9.93 billion and annual revenue of $6.89 billion, the company manufactures, sells and distributes beverages from The Coca-Cola Company and other partner companies, encompassing more than 300 brands and flavors to approximately 60 million consumers. The company maintains strong financial health with a "GREAT" rating from InvestingPro analysts and a healthy current ratio of 2.03.
The Charlotte-based bottler has been in operation for over 123 years, according to the company’s press release statement.
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