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(RTTNews) - Coca-Cola Consolidated, Inc. (COKE) Friday, announced that its Board of Directors declared a dividend of $2.50 per share for the first quarter.

Americans consumed over 62 million cases of ready-to-drink spirits in 2023, an increase of almost 25% from 2022.

From a non-numbers point of view, such a lucrative business signals that Coca-Cola has a competitive moat. It has remarkable leverage over its distribution (places where it sells its products).

Is there a more iconic American brand than The Coca-Cola Company (NYSE: KO)? The global beverage giant sells over 200 brands of soda, water, juice, tea, coffee, and other drinks to billions of people.

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