Coca-Cola Consolidated Announces Second Quarter Dividend

Coca-Cola Consolidated Inc. Announces Second Quarter Dividend

Charlotte, NC - Coca-Cola Consolidated Inc. (CCCI), the largest independent Coca-Cola bottler in the United States, announced today that its board of directors has declared a quarterly cash dividend of $0.15 per share for the second quarter of 2023.

The dividend will be paid on June 15, 2023, to shareholders of record as of June 1, 2023. This marks the 24th consecutive quarter that the company has paid a dividend to its shareholders.

"We are pleased to continue our dividend payment streak, which reflects our confidence in our business and our commitment to returning value to our shareholders," said J. Frank Harrison III, President and CEO of CCCI. "Our strong financial performance and cash flow generation have enabled us to maintain our dividend payments, even during challenging times."

CCCI is a leading producer, distributor, and marketer of beverage products, including Coca-Cola, Fanta, and Sprite, among others. The company operates in 14 states across the United States and employs over 10,000 people.