Coca-Cola Bottling Co. Consolidated (COKE) , the largest independent Coca-Cola (KO) bottler in the U.S, today announced that its board of directors declared a quarterly dividend for the second quarter of 2017 of 25 cents per share on shares of the company's common stock and class B common stock. 

The dividend is payable on May 12 to shareholders of record as of the close of business on April 28. 

Shares of Coca-Cola Bottling were higher during Thursday morning trading. 

(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)


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