Coca Cola (KO) Raises Quarterly Dividend 4.8% to $0.44; To Resume Share Repurchases This Year

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Go back to Coca Cola (KO) Raises Quarterly Dividend 4.8% to $0.44; To Resume Share Repurchases This Year

Board of Directors of The Coca-Cola Company Announces 60th Consecutive Annual Dividend Increase and Net Share Repurchase Outlook

February 17, 2022 1:45 PM EST

ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today approved the companys 60th consecutive annual dividend increase, raising the quarterly dividend approximately 5 percent from 42 cents to 44 cents per common share.

The quarterly dividend is equivalent to an annual dividend of $1.76 per share, up from $1.68 per share in 2021. The first quarter dividend is payable April 1 to shareowners of record as of March 15.

The company returned $7.3 billion in dividends to shareowners in 2021, bringing the total amount of dividends paid to shareowners since Jan. 1, 2010, to $69.2 billion.

Share repurchase program

The companys capital... More