Dividend Increase – The Coca-Cola Company (KO)

Yesterday the Board of Directors of The Coca-Cola Company announced a quarterly dividend increase of from  $ 0.37 to $ 0.39 per share that’s payable April 2, 2018 to holders of record March 15, 2018. This represents a 5.41% increase to regular quarterly dividends. 

With current price $44.78 (yesterday's close), this raise brings their dividend yield to 3.48%. 

Since I own 150 shares, this will increase my portfolio's projected annual net dividend income by $ 8.94.

That increase rises my YOC to 4.17%. 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long KO 

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