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.
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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.
