Wednesday Is Your Last Chance To Buy Coca-Cola Consolidated Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Coca-Cola Consolidated (NASDAQ:COKE) has announced a quarterly dividend of 50 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on August 11, 2023.
July 24, 2023 | 2:46 pm
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Coca-Cola Consolidated is set to pay a 50 cents per share dividend. The stock will go ex-dividend on Thursday, potentially leading to a lower opening price.
The announcement of the dividend payout and the ex-dividend date could lead to increased buying pressure before the ex-dividend date and a potential drop in the stock price on the ex-dividend date as the stock price adjusts to reflect the payout.
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