Friday, February 22, 2019

Dividend Increase – The Coca-Cola Company (KO)



Yesterday the Board of Directors of The Coca-Cola Company announced a quarterly dividend increase of from $ 0.39 to $ 0.40 per share that’s payable April 1, 2019 to holders of record March 15, 2019. This represents a 2.56% increase to regular quarterly dividends. 

The board authorized a new share repurchase program for 150 million additional shares of the company’s common stock. The program will take effect at the conclusion of the company’s current program.

With current price $45.86 (yesterday's close), this raise brings their dividend yield to 3.49%. 



Since I own 150 shares of KO, this will increase my portfolio's projected annual net dividend income by $ 4.47.

This increase raises my YOC to 4.27%.


Summary of 2019 Dividend Increases / Cuts

No.
Ticker
Increase %
Net Increase
Net Increase
No.
Ticker
Increase %
Net Increase
Net Increase



$



$
1
TSX:CU
7.48%
8.14
9.93
2
O
2.04%
3.00
3.42
3
OKE
0.58%
0.65
0.75
4
WEC
6.79%
1.47
1.68
5
KMB
3.00%
1.02
1.16
6
INTC
5.00%
15.81
17.88
7
 TELIA1
2.61% 
13.00 
14.82 
8
NCC
-50.00%
-86.22
-98.61
9
CVX
6.25%
10.90
12.52
10
UPM
13.04%
122.93
140.95
11
GILD
10.53%
5.47
6.26
12
ADM
4.48%
3.33
3.80
13
MMM
5.88%
1.25
1.43
14
BIP
6.91%
0,77
0,87
15
NESTE
34.12%
172.84
196.45
16
ORNBV
3.45%
11.17
12.70
17
KESKOB
6.36%
10.43
11.85
18
SAMPO
9.62%
28.86
32.77
19
TSX:BCE
4.97%
7.79
8.84
20
TEL2
10.00%
6.42
7.24
21
TROW
8.57%
8.72
9.83
22
SKT
1.43%
1.98
2.24
23
CSCO
6.06%
9.76
11.03
24
PEP
2.96%
7.25
8.19
25
KO
2,56%
3.94
4.47
















TOTAL






€370.66
$422.47

Increases have been reported by deducting a 25.5% capital income tax.




Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long KO

Thanks for stopping by!

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