Saturday, February 22, 2014

Dividend Increase; The Coca-Cola Company (KO)





Feb. 20, 2014 the Board of Directors of The Coca-Cola Company approved the Company's 52nd consecutive annual dividend increase, raising the quarterly dividend 9 percent from 28 cents to 30.5 cents per common share.  This is equivalent to an annual dividend of $1.22 per share, up from $1.12 per share in 2013.  The first quarterly dividend is payable April 1, 2014, to shareowners of record as of March 14, 2014.
The increase reflects the Board's confidence in the Company's long-term cash flow. The Coca-Cola Company returned $9.8 billion to shareowners in 2013, through $5.0 billion in dividends and $4.8 billion in gross share repurchases, bringing to $34.7 billion the amount returned to shareowners through dividends and share repurchases since Jan. 1, 2010.

Since I own 150 shares, this will increase my yearly income by $15.00.

Click here to see my holdings.

4 comments:

  1. I was pleased to see another generous increase from KO.

    ReplyDelete
    Replies
    1. Hi Captain
      I was also pleased to see that the dividend will rise by about 9%, it is very good!
      DH

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  2. Hi DH,

    the entry from KO at Green Mountain Coffee is great for all KO-Investors!
    KO will earn a lot of more money with this capsules in the next years and decades

    At the moment I have no shares from KO, but I have to buy as fast as possible!

    Best regards
    D-S

    ReplyDelete
    Replies
    1. Hallo D-S
      I hope that you are right! I also think, that KO is now fairly valued
      DH

      Delete