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

The company said yesterday (26 April) that a dividend of US$0.25 will be paid on shares of its common stock and class B common stock for the second quarter of 2007.

The payment will be made on 25 May to shareholders of record on 11 May.

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.