NasdaqGS:COKEBeverage
Coca-Cola Consolidated (COKE) Valuation After Dividend Declaration And US$2.4b Share Repurchase
Why this dividend and buyback move matters for Coca-Cola Consolidated
Coca-Cola Consolidated (COKE) has announced a first quarter 2026 dividend of $0.25 per share, alongside a roughly $2.4 billion purchase of all common stock previously held by The Coca-Cola Company.
The dividend, payable on February 6, 2026 to shareholders of record on January 23, 2026, comes with a more leveraged balance sheet after the buyback. This change prompted S&P Global Ratings to revise its outlook on the company to...