Coca-Cola Bottling Co Consolidated has announced a shareholder dividend of $0.25 for the fourth quarter.

The dividend will be payable on 21 November, the group said on Friday (24 October).

Operating profit at the bottler, which is the second largest in the US, fell to US$39.9m in the first half of 2008, down from $53m in the same period last year. Net profit dropped to $10.8m from $16.3m, despite a lift in sales to $733.7m from $728m.