Coca-Cola Consolidated doubles quarterly dividend to $0.50, declares $3.00 special dividend

Coca-Cola Consolidated, Inc.

Regular quarterly cash dividend increased 100% from $0.25 to $0.50 per share (Common and Class B).
Special cash dividend of $3.00 per share declared, payable February 10, 2023 to holders of record January 27, 2023.
CEO J. Frank Harrison III cited strong financial performance and debt repayment as basis for dividend actions.
Dividends apply to both Common Stock and Class B Common Stock (NASDAQ: COKE).

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