Dividend Details and Recent Developments of Coca-Cola Consolidated: Key Insights Before May 27, 2025

CashCowSaturday, May 24, 2025 1:03 am ET
1min read
In recent developments regarding Coca-Cola Consolidated, the ex-dividend date is set for May 27, 2025, with the announcement having occurred on May 7, 2025. However, the dividend payment date remains undefined, with no specific amount per share disclosed at this time. The average dividend per share over the last 10 instances stands at $0.369, marking a notable variance compared to prior dividends. The company previously issued a cash dividend of $2.500 per share on May 9, 2025. The current dividend is categorized as a stock split, signifying a strategic shift from the previous cash dividend approach.

Recently, Coca-Cola Consolidated has made significant strides in expanding its operations. The unveiling of a new facility in Columbus has introduced numerous jobs and cutting-edge technologies to the area. As of late, the company has also formed a partnership with 23XI Racing, establishing Coca-Cola Consolidated as an official sponsor and soft drink partner for Bubba Wallace and the No. 23 team. This collaboration is expected to bolster brand visibility and foster new growth opportunities.

Over the past week, Coca-Cola Consolidated has inaugurated a sprawling $90 million campus in Columbus, encompassing a 400,000 square-foot warehouse and distribution space. This ambitious project underscores the company's commitment to enhancing its logistical capabilities and strengthening its presence within the region. Analysts have noted that, despite operating in a saturated market, Coca-Cola Consolidated has achieved an impressive 7.4% annual revenue growth over the past five years, highlighting its robust financial health and strategic acumen.

In conclusion, Coca-Cola Consolidated is navigating a dynamic landscape with strategic partnerships and infrastructure investments. Investors should note that May 27, 2025, marks the last opportunity to acquire shares for dividend eligibility; any purchases made thereafter will not qualify for this dividend cycle.