Coca-Cola (KO) Raises Quarterly Dividend 5.4% to $0.485; 3.3% Yield

Go back to Coca-Cola (KO) Raises Quarterly Dividend 5.4% to $0.485; 3.3% Yield

Board of Directors of The Coca-Cola Company Approves 62nd Consecutive Annual Dividend Increase

February 15, 2024 2:00 PM EST

ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today approved the companys 62nd consecutive annual dividend increase, raising the quarterly dividend approximately 5.4% from 46 cents to 48.5 cents per common share.

The quarterly dividend is equivalent to an annual dividend of $1.94 per share, up from $1.84 per share in 2023. The first quarter dividend is payable April 1 to shareowners of record as of March 15.

The company returned $8 billion in dividends to... More