This is about Coca-Cola bottling co, not to be confused with KO - the Coca Cola company (*) It's quite an interesting stock. Capital Gains has been through the roof, but somehow the dividend payments are absolutely tiny. Any idea why the bottling company is not returning the profits to shareholders as dividend? Financials are on a steep climb too. Dividend yield is currently less than half a percent. (*) I actually bought COKE by accident, thinking I was buying Coca Cola (KO.) For once, this happened to be a happy accident, as COKE performance has eclipsed its namesake KO.
Coca-Cola Bottling Co. Consolidated produces, markets and distributes nonalcoholic beverages. The Company is an independent Coca-Cola bottler in the United States. The Company's segments include Nonalcoholic Beverages and All Other. Majority of its total bottle/can volume to retail customers consist of products of The Coca-Cola Company. It also distributes products for various other beverage brands, including Dr Pepper, Sundrop and Monster Energy. The Company's product offerings include both sparkling and still beverages. Sparkling beverages are carbonated beverages and the Company's principal sparkling beverage is Coca-Cola. Still beverages include energy products and noncarbonated beverages, such as bottled water, tea, ready to drink coffee, enhanced water, juices and sports drinks. There are two main categories of sales, which include bottle/can sales and other sales.
