The board of directors at The Coca-Cola Company (NYSE: KO) has approved its 62nd consecutive annual dividend increase, highlighting the company’s commitment to delivering value to shareholders. With a quarterly dividend boost of approximately 5.4%, Coca-Cola continues its tradition of rewarding investors.
Steady Dividend Growth
The quarterly dividend now stands at 48.5 cents per share, translating to an annual dividend of $1.94 per share, up from $1.84 per share in 2023. In the past year alone, Coca-Cola returned $8 billion in dividends to shareholders, contributing to a total payout of $84.7 billion since January 1, 2010.
About The Coca-Cola Company
As a global leader in the beverage industry, The Coca-Cola Company operates in over 200 countries and territories, offering a diverse range of billion-dollar brands across various beverage categories. From iconic carbonated beverages like Coca-Cola, Sprite, and Fanta to water, sports drinks, coffee, and tea brands such as Dasani, Powerade, Costa, and Gold Peak, Coca-Cola’s portfolio caters to diverse consumer preferences worldwide.
Commitment to Innovation
Coca-Cola continuously evolves its portfolio to meet changing consumer demands, from reducing sugar content in beverages to introducing innovative new products to the market. With brands like Minute Maid, Simply, and fairlife, the company remains at the forefront of delivering high-quality, innovative beverages across different segments.
Driving Shareholder Value
With a rich history of dividend growth and a commitment to innovation and sustainability, Coca-Cola remains a cornerstone of long-term investment portfolios. The company’s global reach, diverse brand portfolio, and dedication to shareholder returns position it as a resilient investment choice for investors seeking stability and growth.
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A Legacy of Growth
Coca-Cola’s enduring commitment to shareholder value through consistent dividend growth reflects its status as an industry leader. As the company continues to innovate and expand its global footprint, investors can rely on Coca-Cola for steady returns and long-term growth potential.
