US: Coca-Cola Co readies dividend, appoints VP
By Olly Wehring | 27 April 2012
The Coca-Cola Co has confirmed details of its latest dividend payment, and announced the appointment of a new VP.
The company said late yesterday (26 April) that its board has declared a quarterly dividend of US$0.51 per share. Payment will be made on 1 July to shareholders of record on 15 June.
The dividend is equivalent to an annual payment of $2.04 per share, up from $1.88 per share in 2011, the company said, adding that the July payment would not be affected by Coca-Cola's proposal earlier this week to split its stock.
At the same time, the soft drinks giant appointed its chief scientific and regulatory officer, Dr Rhona Applebaum, as a VP of the company. Dr Applebaum heads up Coca-Cola's global scientific and regulatory affairs (SRA) as well as its Beverage Institute for Health and Wellness.
Prior to joining Coca-Cola in 2004, she spent some time working for the Distilled Spirits Council of the United States (DISCUS).
The appointment takes immediate effect.
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Sectors: HR – personnel, Soft drinks, Water
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US: Coca-Cola Co readies dividend, appoints VP
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