Coca-Cola raises dividend for 56th consecutive year in 2018
The quarterly dividend will be raised to $0.39 per share. This is equivalent to an annual dividend of $1.56 per share, up from $1.48 per share in 2017. The first quarter dividend is payable April 2, 2018, to shareowners of record as of March 15, 2018.
The dividend increase reflects the board’s confidence in the company’s long-term cash flow. The Company returned $6.3 billion in dividends to shareowners in 2017, bringing to $41.5 billion the total amount given back to shareowners through dividends since Jan. 1, 2010.
Last year Coke hiked its dividend for the 55th consecutive year. The new dividend yield for Coca-Cola is 3.5%.
The Coca-Cola Company (NYSE: KO) is the world’s largest total beverage company, offering over 500 brands to people in more than 200 countries. Of our 21 billion-dollar brands, 19 are available in lower- and no-sugar options to help people everywhere more easily control added sugar. In addition to our namesake Coca-Cola drinks, some of our household names around the world include: AdeS soy-based beverages, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater, and Zico coconut water.
