ATLANTA--(BUSINESS WIRE)--The Coca-Cola Enterprises (NYSE: CCE)(Euronext Paris: CCE) Board of Directors increased the company’s regular quarterly dividend 12 percent to 28 cents per share. The quarterly dividend rate is equivalent to an annual dividend of $1.12 per share. The dividend is payable March 19, 2015, to shareowners of record on March 6, 2015.
“This is the eighth consecutive year in which Coca-Cola Enterprises has increased its annual dividend,” said John F. Brock, chairman and chief executive officer. “These annual increases in our dividend, combined with our share repurchase efforts, clearly demonstrate our strong commitment to driving shareowner value,” Mr. Brock said.
Coca-Cola Enterprises, Inc. (CCE) is the leading Western European marketer, producer, and distributor of non-alcoholic 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. We operate with a local focus and have 17 manufacturing sites across Europe, where we manufacture nearly 90 percent of our products in the markets in which they are consumed. Corporate responsibility and sustainability is core to our business, and we have been recognized by leading organizations in North America and Europe for our progress in water use reduction, carbon footprint reduction, and recycling initiatives. For more information about our company, please visit our website at www.cokecce.com and follow us on twitter at @cokecce.