Coca Cola (KO) Raises Quarterly Dividend 2.6% to $0.40; 3.5% Yield

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Go back to Coca Cola (KO) Raises Quarterly Dividend 2.6% to $0.40; 3.5% Yield

Board of Directors of The Coca-Cola Company Announces 57th Consecutive Annual Dividend Increase

February 21, 2019 11:00 AM EST

Board Also Authorizes New Share Repurchase Program

ATLANTA--(BUSINESS WIRE)-- The Board of Directors of TheCoca-ColaCompany today approved the company's 57thconsecutive annual dividend increase, raising the quarterly dividend 2.6 percent, from 39 cents to 40 cents per common share. The board also authorized a new share repurchase program.

The quarterly dividend is equivalent to an annual dividend of $1.60 per share, up from $1.56 per share in 2018. The first quarter dividend is payable April 1, 2019, to shareowners of record as of March 15, 2019.

Thecompany returned $6.6 billion in dividends to shareowners in 2018, bringing the total amount given back to... More