Coca Cola (KO) Raises Quarterly Dividend 6.1% to $0.35; 3.2% Yield; Three SVPs Named

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Go back to Coca Cola (KO) Raises Quarterly Dividend 6.1% to $0.35; 3.2% Yield; Three SVPs Named

The Board of Directors of The Coca-Cola Company Announces 54th Consecutive Annual Dividend Increase

February 18, 2016 9:15 AM EST

Increases Annual Dividend to $1.40 Per Share

Elects Brent Hastie, Craig Williams and Julie Hamilton as Senior Vice Presidents

PARIS--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today 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. The first quarterly dividend is payable April 1, 2016, to shareowners of record as of March 15, 2016.

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