On Thursday, February 19, 2026, the Board of Directors of The Coca-Cola Company (NYSE: KO) announced a quarterly dividend increase from $0.51 to $0.53 per share. The dividend will be payable on April 1, 2026, to shareholders of record as of March 13, 2026. This represents a 3.92% increase over the prior quarterly dividend.
Current Dividend Yield and Income Impact
At today’s opening price of $80.40, this increase raises KO’s forward dividend yield to approximately 2.64%.
As an owner of 150 shares of Coca-Cola, this dividend increase adds $8.94 to my projected annual net dividend income. The increase was in line with my expectations.
Long-Term Dividend Growth Track Record
Coca-Cola is a Dividend Champion with an impressive 63-year streak of dividend increases. According to Dividend Champions data, its dividend growth rates are:
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1-year: 5.2%
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3-year: 5.0%
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5-year: 4.5%
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10-year: 4.4%
This recent dividend increase marks the 13th consecutive raise I’ve received since initiating my position in October 2013. Over that time, the quarterly dividend has grown from $0.28 to $0.53 per share—an increase of approximately 89.3%, reflecting steady long-term income growth.
At the time of writing, KO represents about 1.20% of my portfolio and contributes approximately 0.84% of my projected annual dividend income. Following this increase, my yield on cost stands at 5.66%.
Quick Valuation Take
Coca-Cola appears fairly valued at current levels. As a global beverage leader with strong brand power and pricing ability, the company continues to deliver stable and predictable performance.
Dividend Safety and Outlook
The dividend remains very well supported by consistent cash flows and a manageable payout ratio. Coca-Cola’s long history of dividend growth highlights its resilience, and investors can expect continued steady, mid-single-digit increases going forward.
Final Thoughts
This was another reliable dividend increase from Coca-Cola, fully in line with expectations. The company continues to serve as a cornerstone income holding in my portfolio, offering stability, consistency, and dependable dividend growth.
Summary of 2026 Dividend Increases / Cuts
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You can follow the development of my dividends here
Full Disclosure: Long KO
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