US: CCE quarterly dividend confirmed

By just-drinks.com editorial team | 23 April 2008

Coca-Cola Enterprises has confirmed its latest quarterly dividend.

The Coke marketer, distributor and producer said today (23 April) that shareholders can expect a payment of US$0.07 per common share.

The quarterly dividend rate is equivalent to an annual dividend of 28 cents per common share and will be issued on 26 June to shareholders of record on 13 June.

Earlier this year, CCE posted a net profit for 2007 of US$711m, reversing a loss of $1.14bn in 2006. Total sales for the year also rose, by 5.5% to $20.94bn, despite a 2% slip in sales volumes in North America.

Sectors: Soft drinks, Water

Companies: CCE, Coke