Coca-Cola Consolidated Inc. announced a staggering 400% increase in quarterly dividends to $2.50 per share, reflecting strong commitment to delivering shareholder value.
The company also initiated a $1 billion share repurchase program, signaling confidence in its future and commitment to returning capital to shareholders.
Investors are drawn to dividend stocks for their total return potential, which encompasses capital gains and steady passive income, contributing to investment success.
Coca-Cola Consolidated has consistently paid quarterly dividends since 2013, showing a remarkable history of growing its dividend payouts significantly over the years.
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