Coca Cola (KO) Declares $0.40 Quarterly Dividend; Elects Two Officers

Coca Cola (NYSE: KO) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. The dividend will be payable on July 1, 2019, to stockholders of record on June 14, 2019, with an ex-dividend date of June 13, 2019.The annual yield on the dividend is 3.4 percent.

The board also announced the election of two officers.

Lisa Chang, who joined Coca-Cola as chief people officer on March 1, has been elected by the board as a senior vice president. Chang most recently served as senior vice president and chief human resources officer for AMB Group LLC in Atlanta, the investment management and shared services arm of The Blank Family of Businesses. Chang is a graduate of the University of Virginia and the Stetson School of Business and Economics at Mercer University.

The board also elected Ashna Zaheer as assistant corporate secretary. Zaheer joined the company in 2017 as securities counsel. Zaheer previously served as a corporate attorney at Jones Day, with a practice focused on capital markets transactions, securities and corporate governance for public companies. Zaheer is a graduate of Vanderbilt University and the University of Notre Dame law school.

The elections are effective immediately.

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

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