Coca Cola (KO) Raises Quarterly Dividend 5.7% to $0.37; 3.6% Yield

Coca Cola (NYSE: KO) declared a quarterly dividend of $0.37 per share, or $1.48 annualized. This is a 5.7% increase from the prior dividend of $0.35. This was the company's 55th consecutive annual dividend increase.

The dividend will be payable on April 3, 2017, to stockholders of record on March 15, 2017, with an ex-dividend date of March 13, 2017.

The annual yield on the dividend is 3.6 percent.

The increase reflects the Board's confidence in the company's long-term cash flow. The Coca-Cola Company returned $6 billion in dividends to shareowners in 2016, bringing to $35 billion the total amount given back to shareowners through dividends since Jan. 1, 2010.

For a dividend history and other dividend-related data on Coca Cola (KO) click here.

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