US: CCE quarterly dividend confirmed

By just-drinks.com editorial team | 25 April 2007

Coca-Cola Enterprises has confirmed its latest quarterly dividend.

The Coke marketer, distributor and producer said yesterday (24 April) that shareholders can expect a payment of US$0.06 per common share. The dividend will be issued on 28 June to shareholders of record on 15 June.

Earlier this year, CCE hit the headlines when it confirmed that 3,500 jobs will be cut in North America. The move followed a net loss in 2006 of $1.1bn, as the company absorbed a $2.9bn impairment charge. Stripping out the impairment charge, CCE's full-year income was up by 5% to $1.5bn.

Sectors: Soft drinks, Water

Companies: CCE, Coke