Embotelladora Andina S.A. (AKO.A) Receives New Coverage from Analysts at Morgan Stanley

Morgan Stanley began coverage on shares of Embotelladora Andina S.A. (NYSE:AKO.A) in a research report released on Thursday. The firm issued an underweight rating on the stock.

Separately, HSBC Holdings plc raised Embotelladora Andina from a reduce rating to a hold rating in a research note on Friday, June 9th.

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The business also recently announced a None dividend, which was paid on Thursday, September 14th. Investors of record on Friday, August 25th were paid a dividend of $0.184 per share. The ex-dividend date was Wednesday, August 23rd. Embotelladora Andina’s payout ratio is 62.38%.

About Embotelladora Andina

Embotelladora Andina SA (Andina) is a bottler of Coca-Cola trademark beverages in Latin America. The Company operates in four segments: Chile, Brazil, Argentina and Paraguay. It produces and distributes fruit juices, other fruit-flavored beverages and mineral and purified water in Chile, Argentina and Paraguay under trademarks owned by The Coca-Cola Company.

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