The board of directors approved the hike to $2.12 per share annually, which translates to a yield of roughly 2.7% based on the latest closing price of $79.49. According to the company statement, the dividend is payable on April 1 to shareholders of record as of March 13.
In section Market Quotes
Coca-Cola Raises Dividend for 64th Consecutive Year
The Coca-Cola Co. announced a 3.9% increase in its quarterly dividend on Thursday, marking more than six decades of consistent payout growth for the beverage giant. Shareholders will now receive 53 cents per share, up from 51 cents, as the company continues to prioritize capital returns despite a volatile global market.
Consistent Capital Returns
This move marks the 64th consecutive annual increase in Coca-Cola’s payout, solidifying its position among the market's most reliable income-generating stocks. The steady growth reflects the company’s ability to generate consistent cash flow even as it navigates a complex global economy and shifting consumer preferences toward a broader "total beverage" portfolio.By maintaining this multi-decade streak, the soda maker continues to satisfy investors who view the stock as a defensive cornerstone in their portfolios. The 3.9% bump follows a long-standing tradition of returning value to shareholders, a strategy that has defined the company's fiscal policy for over half a century.
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