ATLANTA--(BUSINESS WIRE)--The Coca-Cola Enterprises (NYSE: CCE) (Euronext Paris: CCE) Board of Directors increased the company’s regular quarterly dividend 7 percent to 30 cents per share. The quarterly dividend rate is equivalent to an annual dividend of $1.20 per share. The dividend is payable March 17, 2016, to shareowners of record on March 4, 2016.
“This is the ninth consecutive annual dividend increase for CCE, and a clear demonstration of our strong commitment to driving shareowner value,” said John F. Brock, chairman and chief executive officer.
Coca-Cola Enterprises, Inc. is the leading Western European marketer, producer, and distributor of nonalcoholic ready-to-drink beverages and one of the world’s largest independent Coca-Cola bottlers. CCE is the sole licensed bottler for products of The Coca-Cola Company in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. CCE operates with a local focus and has 17 manufacturing sites across Europe, where the company manufactures nearly 90 percent of its products in the markets in which they are consumed. Sustainability is core to CCE’s business, and the company has been recognized by leading organizations in North America and Europe for its progress in water use reduction, carbon footprint reduction, and recycling initiatives. For more information about CCE, please visit www.cokecce.com and follow the company on Twitter at @cokecce.