Coca Cola (KO) Raises Quarterly Dividend 5.7% to $0.37; 3.6% Yield
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The Board of Directors of The Coca-Cola Company Announces 55th Consecutive Annual Dividend Increase
February 16, 2017 11:00 AM ESTIncreases Annual Dividend to $1.48 Per Share
ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today approved the company's 55th consecutive annual dividend increase, raising the quarterly dividend 6 percent from 35 cents to 37 cents per common share. This is equivalent to an annual dividend of $1.48 per share, up from $1.40 per share in 2016. The first quarterly dividend is payable April 3, 2017, to shareowners of record as of March 15, 2017.
The increase reflects the Board's confidence in the company's long-term cash flow. The... More
