Yesterday the Board of Directors of The Coca-Cola Company announced a quarterly dividend increase of from $0.305 to $0.33 per share that’s payable April 1, 2015 to holders of record March 16, 2015. This represents a 8.2% increase to regular quarterly dividends. With current price $42.11 (yesterday's close), this raise brings their dividend yield to 3.13%.
Since I own 150 shares, this will increase my portfolio's projected annual net dividend income by $11.18.
That increase rises my YOC to 3.53%.
Click here to see my portfolio holdings.
You can follow the development of my dividends here.