US: Coca-Cola gives dividend details, appoints VP

By | 19 February 2007

The Coca-Cola Company has approved its latest dividend.

At the same time, the US soft drinks giant has confirmed a new vice president.

Coca-Cola, which last week posted a 4% rise in underlying operating profit for 2006, has upped its quarterly dividend by 10% from US$0.31 to $0.34 per common share. The payment represents an annual dividend of $1.36 per share, an increase on last year's $1.24.

The dividend will be paid on 1 April, the company said, to shareowners of record as of 15 March.

Coca-Cola named Edmund Steinike as company vice president. As chief development officer, Steinike is responsible for creating global application strategy and executing IT development across the company.

Steinike joined Coca-Cola in 2002, having spent 26 years with General Electric.

Sectors: Soft drinks, Water

Companies: The Coca-Cola Company

View next/previous articles

Currently reading -

US: Coca-Cola gives dividend details, appoints VP

There are currently no comments on this article

Be the first to comment on this article

Related articles

US: Coca-Cola moves to have CCE lawsuit dismissed

The Coca-Cola Co. has moved to have a lawsuit against it in the US dismissed.

PHILIPPINES: Coke bottler sale buoys San Miguel H1

San Miguel Corp. has posted a huge leap in net profit for the first half of this year.

GREECE: CCHBC updates regional structure

Coca-Cola Hellenic Bottling Company has revamped its regional management structure.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page