The Board of Directors of The Coca-Cola Company has declared a quarterly dividend of 35 cents per common share and also elected Jennifer Manning as Corporate Secretary and Associate General Counsel.
In this role, Manning oversees planning for the Board of Directors and its committees, ensures compliance with applicable laws, including NYSE listing standards and SEC regulations, and advises on corporate governance and regulatory developments impacting the Company.
Manning joined the Office of the Secretary as Senior Managing Counsel in 2016 and before that served as Senior Counsel supporting the Company’s Mergers and Acquisitions and Finance functions. Before joining the Company in 2008, Manning worked as a corporate attorney at Paul Hastings, LLP and McKenna Long & Aldridge LLP (now Dentons US LLP). She has a Juris Doctor from the University of Florida Levin College of Law and a Bachelor of Arts from Duke University.
She succeeds Gloria Bowden, who will continue to serve as an adviser to the Legal, Human Resources and Finance functions through first quarter 2017. Bowden joined the Company in 1999. She has served in the Office of the Secretary since 2009, first as Assistant Secretary and later as Corporate Secretary.
Quarterly Dividend
The dividend is payable December 15, 2016 to shareowners of record as of December 1, 2016. The Board earlier this year approved the company’s 54th consecutive annual dividend increase, raising the quarterly dividend 6 percent from 33 cents to 35 cents per common share. This is equivalent to an annual dividend of $1.40 per share, up from $1.32 per share in 2015.
Source: Ghana/AccraFM.com
