Congratulations to my fellow Coca Cola owners on your raise.
Cool 5.2% increase. Goes from $0.485 per share/per quarter to $0.51 per share/per quarter.
This makes 63 consecutive years of KO paying a growing dividend.
Consumer Staples have been struggling as of late. The latest KO earnings call combined with this dividend increase demonstrates Coca Cola’s ability to innovate and its pricing power.
Current Forward Yield 2.77%.
In 2024, Coca-Cola returned $8.4 billion to its shareowners through dividends. Since the beginning of 2010, the total dividends paid out by the company have amounted to $93.1 billion.
h/t IWantToPlayGame