The group will pay out its Q1 dividend next month

The group will pay out its Q1 dividend next month

Coca-Cola Bottling Co Consolidated has announced details of its latest dividend payment. 

The North Carolina-headquartered bottler will pay US$0.25 per share for the first quarter of 2014, it confirmed late last week. The dividend, payable on 14 February, covers the firm's common stock and class B common stock. 

The payment will go to shareholders of record as of close of business on 31 January. 

In November, the group reported a 27% rise in nine-month net profits, off the back of a 15% lift in sales.