Coca-Cola Bottling Co. Consolidated has announced details of its next quarterly dividend.

The company said yesterday (25 January) that a dividend of US$0.25 will be paid on shares of its common stock and class B common stock for the first quarter of 2007.

The payment will be made on 23 February to shareholders of record on 9 February.

In November, Coke Consolidated said it saw net income for the first nine months of 2006 slide to US$14.6m from $21m in the corresponding period a year earlier. Sales in the period were up, however, to $1.1bn from $1.03bn year-on-year.