Company: Coca-Cola Europacific Partners PLC (CCEP)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe (80% of 2023 revenue and EBIT) and Australasia (20%). In 2023 it announced the planned acquisition of Coca-Cola Beverages Philippines from TCCC.In 2023, CCEP sold 3.3 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. CokeÕs largest bottler, Coca-Cola Femsa sold 4 billion unit cases (12%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.8 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float. -Morningstar.com-
Symbol: CCEP
Recent Price: $74.07
Dividends: $2.07
Yield: 2.79%
Sector: Consumer Defensive
Industry: Beverages-Non-Alcoholic
Address & Company Phone #: Pemberton House Bakers Road Uxbridge UB8 1EZ, 44 1895 231 313
Transfer Agent: Computershare 800-418-4223
Moody’s Rating: NR
Minimum & Maximum Investment: $10 – $120,000/year
Investment Dates: Daily
Shares to Qualify: 1 Share
Fees: Div.: 5% of amount invested up to $2 Max Cash: $3+3¢/sh. Cert: $0 Sells: by Mail, Phone, Fax or Internet for $15+12¢/sh.
52 Week High & Low: $74.92, $56.28