Coca Cola (KO) Raises Annual Dividend 5.4% to $0.39; 0.9% Yield

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Go back to Coca Cola (KO) Raises Annual Dividend 5.4% to $0.39; 0.9% Yield

Board of Directors of The Coca-Cola Company Announces 56th Consecutive Annual Dividend Increase

February 15, 2018 11:02 AM EST

ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today approved the company's 56th consecutive annual dividend increase, raising the quarterly dividend 5.4 percent, from 37 cents to 39 cents per common share.

This is equivalent to an annual dividend of $1.56 per share, up from $1.48 per share in 2017. The first quarter dividend is payable April 2, 2018, to shareowners of record as of March 15, 2018.

The dividend increase reflects the boards confidence in the companys long-term cash flow. The Company returned $6.3 billion in dividends to shareowners in 2017, bringing to $41.5... More