On January 25, the Board of Directors for Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) declared a dividend for the first quarter of 2007 of $.25 per share.
The company’s dividends have been paid every quarter since 1990. Many of the non-alcoholic beverage company stocks pay dividends, a couple of which pay a yield of over 2%. Most have been consistent dividend payers for many years.
Here are the top soft drink dividend payers, sorted by yield:
Coca Cola (NYSE:KO) - 2.6% One of the largest manufacturers, distributors, and marketers of nonalcoholic beverage concentrates and syrups in the world. PepsiAmericas Inc. (PAS) - 2.3% Pepsi, Diet Pepsi, and Mountain Dew. Distributes in the United States, Central Europe, and the Caribbean. Cadbury Schweppes Plc. (CSG) - 2.1% Dr.Pepper, Schweppes, 7 Up, Snapple, Mott's, Hawaiian Punch, Clamato, and Schweppes Tonic Water. Founded in 1783. Pepsico, Inc. (NYSE:PEP) - 1.9% Manufacturer of Mountain Dew, Diet Pepsi, Gatorade, Tropicana Pure Premium, Aquafina water, Sierra Mist, Mug, Tropicana juice drinks, Propel, SoBe, Slice, Dole, Tropicana Twister, and Tropicana Season’s Best. Coca-Cola Bottling Co. Consolidated [COKE] - 1.5% distributes and markets carbonated and noncarbonated beverages, primarily of The Coca-Cola Company. Distributes in North Carolina, South Carolina, West Virginia, Alabama, Mississippi, Tennessee, Kentucky, Virginia, Pennsylvania, Georgia, and Florida.Pepsi Bottling Group (PBG) - 1.4% Bottler of Pepsi-Cola, Diet Pepsi, Mountain Dew, Aquafina, Lipton Brisk, Sierra Mist, Diet Mountain Dew, Tropicana Juice Drinks, SoBe, and Starbucks Frappuccino. Distributes in United States, Canada, Spain, Greece, Russia, Turkey, and Mexico. Coca Cola Enterprises (NYSE:CCE) 1.2% Coca-Cola classic, Diet Coke, Sprite, Dasani, Fanta, Schweppes, and caffeine free Diet Coke. Distributes in North America, Great Britain, France, Belgium, the Netherlands, Luxembourg, and Monaco.Coca-Cola Hellen ADS (CCH) - 1% Athens, Greece based company. Distributor of Coca Cola products in Europe.
Embotell Andina SA (AKO-A) - 1% Santiago, Chile based company. Distributor of Coca-Cola products in Chile, Brazil, and Argentina. Coca Cola Femsa SA (NYSE:KOF) - .8% Distributor of Coca Cola products in Mexico, Central America, Colombia, Venezuela, Argentina, and Brazil.
Disclosure: Author owns KO and KOF.