Coca-Cola Bottling Co. Consolidated has announced details of its first-quarter dividend.

The US-based Coke bottler said yesterday (25 January) that its board of directors has declared a dividend of US$0.25 per share on its common stock and class B common stock.

The dividend will be payable on 24 February to shareholder of record as of the close of business on 10 February.

Earlier this week, the company unveiled plans to launch a vitamin drink aimed at boosting immunity levels among drinkers. Defense will be trialled in Charlotte and Greensboro, North Carolina.