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

Coca-Cola Consolidated (NASDAQ:COKE) posted its quarterly earnings data on Thursday. The company reported $18.11 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 Performance

COKE traded up $32.93 on Thursday, hitting $1,442.65. 45,261 shares of the stock traded hands, compared to its average volume of 38,985. Coca-Cola Consolidated has a 52 week low of $800.76 and a 52 week high of $1,460.92. 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 firm has a market capitalization of $12.64 billion, a PE ratio of 25.11 and a beta of 0.89. The business has a fifty day moving average price of $1,314.88 and a two-hundred day moving average price of $1,288.38.

Coca-Cola Consolidated Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 24th were paid a dividend of $2.50 per share. The ex-dividend date was Friday, January 24th. This represents a $10.00 annualized dividend and a yield of 0.69%. Coca-Cola Consolidated’s dividend payout ratio is 17.40%.

About Coca-Cola Consolidated

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.