Soft drinks bottler Coca-Cola Bottling Consolidated has declared a dividend for the second quarter of 2009 of $0.25 per share.

The dividend is payable on shares of the company's common stock and Class B common stock, the firm said late last week.

Payments will be made on 22 May to shareholders of record as of the close of business on 8 May.

Coca-Cola Bottling Co said in March that net profits for 12 months of 2008 fell to US$9.1m, down from $19.9m a year earlier. Sales inched up to US$1.46bn from $1.43bn in 2007.