On Thursday, February 20th the Board of Directors of The Coca-Cola Company (KO) announced a quarterly dividend increase of from $0.485 to $0.51 per share that’s payable April 1, 2025 to holders of record March 14, 2025. This represents a 5.15% increase over the last quarterly dividend and is 63rd consecutive annual dividend increase.
At the current price of $70.87 (yesterday's close), this increase will raise KO's dividend yield to 2.88%.
Coca-Cola Company is a Dividend Champions with a 63 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 5.4, 4.9, 3.9 and 4.7 (Dividend Champions.xls)
As an owner of 150 shares of Coca-Cola Company, the recent dividend increase adds $11.18 to my projected annual net dividend income.
The increase was in line with my expectations and I am happy to accept it.
This recent dividend increase marks the 12th consecutive raise I’ve received from Coca-Cola Company since I acquired my shares in October 2013. Over this period, KO’s quarterly dividend has grown moderately from $0.28 to $0.51 per share, reflecting a 82.1% increase.
The moment of writing, KO’s weight of my portfolio is about 1.36% and its share of future annual dividend income is approximately 0.93%.
Following this increase, my yield on cost is 5.45%.
Summary of 2025 Dividend Increases / Cuts
Click here to see my portfolio holdings.
You can follow the development of my dividends here.
Full Disclosure: Long KO
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