Categories: Dividends

Coca-Cola Boosts Dividend a Sweet 25%

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Coca-Cola Boosts Dividend a Sweet 25% (Nasdaq)

The Coca-Cola Enterprises’ (NYS: CCE) Board of Directors increased the company’s regular quarterly dividend 25 percent to 25 cents per share. The quarterly dividend rate is equivalent to an annual dividend of $1.00 per share, with the dividend payable March 20, 2014, to shareholders of record on March 7, 2014. “We have a sustained objective to create shareowner value,” said John F. Brock, chairman and chief executive officer. “This is our seventh consecutive annual dividend increase, and combined with our share repurchases efforts, demonstrates our ongoing commitment to this goal.” Coca-Cola Enterprises, Inc. ( CCE ) is the leading Western European marketer, producer, and distributor of non-alcoholic ready-to-drink beverages and one of the world’s largest independent Coca-Cola bottlers. CCE is the sole licensed bottler for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden.

Paul Dykewicz

Paul Dykewicz is the editor of StockInvestor.com and the editorial director of Eagle Financial Publications in Washington, D.C. He writes and edits for the website, as well as edits investment newsletters, time-sensitive trading alerts and other reports published by Eagle. He also is an accomplished, award-winning journalist who has written for Dow Jones, USA Today and other publications, as well as served as business editor of a daily newspaper in Baltimore. In addition, Paul is the author of the inspirational book, "Holy Smokes! Golden Guidance from Notre Dame's Championship Chaplain." He received his MBA in finance from Johns Hopkins University, where he was a two-time president of the school's Finance Club. In addition, Paul has a bachelor's degree from the University of Michigan and a master's degree in journalism from Michigan State University. Outside of work, Paul volunteers with a faith-based organization to assist the poor in Southeast Washington, D.C., to learn personal finance skills to lift themselves out of debt.