Coca-Cola Bottling Co Consolidated has announced details of its latest quarterly dividend to shareholders.
The North Carolina-based firm, which is the largest independent Coca-Cola bottler in the US, today declared a first-quarter dividend of US$0.25 per share on its common stock and Class B common stock. The pay-out will come on 13 February to shareholders of record at close of business on 30 January.
Last month, the bottler increased its franchise territory in the US as part of its agreement with The Coca-Cola Co. In November, the firm reported a 12% slide in nine-month net profits despite a rise in sales.
