dividend
confidence high
sentiment positive
materiality 0.90
Coca-Cola Consolidated raises quarterly dividend to $2.50 from $0.50, authorizes $1B buyback
Coca-Cola Consolidated, Inc.
- Quarterly dividend increased to $2.50/share from $0.50; payable Nov 8, 2024 to holders of record Oct 25, 2024.
- Board approved $1.0B share repurchase program for Common Stock; no expiration, timing at management's discretion.
- Chairman & CEO cites strong profitability and balance sheet as enabling increased capital return to stockholders.