Coca-Cola Consolidated (NASDAQ:COKE) Issues Earnings Results

Coca-Cola Consolidated (NASDAQ:COKE) posted its quarterly earnings data on Thursday. The company reported $18.11 earnings per share (EPS) for the quarter, Zacks reports. Coca-Cola Consolidated had a return on equity of 46.94% and a net margin of 7.81%.

Coca-Cola Consolidated Stock Up 2.3 %

COKE traded up $32.93 during trading on Thursday, reaching $1,442.65. The stock had a trading volume of 45,255 shares, compared to its average volume of 38,981. The stock’s 50 day moving average is $1,314.88 and its two-hundred day moving average is $1,288.38. The company has a current ratio of 2.47, a quick ratio of 2.15 and a debt-to-equity ratio of 1.39. The company has a market capitalization of $12.64 billion, a price-to-earnings ratio of 25.11 and a beta of 0.89. Coca-Cola Consolidated has a one year low of $800.76 and a one year high of $1,460.92.

Coca-Cola Consolidated Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 7th. Shareholders of record on Friday, January 24th were issued a $2.50 dividend. The ex-dividend date of this dividend was Friday, January 24th. This represents a $10.00 dividend on an annualized basis and a yield of 0.69%. Coca-Cola Consolidated’s dividend payout ratio (DPR) is 17.40%.

Coca-Cola Consolidated Company Profile

Coca-Cola Consolidated, Inc, together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks.