What is the dividend on $100 shares of Coca Cola?
Dividend Data
Fluctuations in Dividend Yields
Initially, the stock is priced at $100, resulting in a dividend yield of 4% (calculated as $4 divided by $100). If the stock price rises to $120, while the dividend stays at $4, the yield reduces to approximately 3.33% ($4 divided by $120).
(NASDAQ: co*kE) declares a regular quarterly cash dividend of $0.50 per share and a special cash dividend of $16.00 per share, totaling $150 million. Both dividends are payable on February 9, 2024, to stockholders of record as of January 26, 2024.
Coca-Cola's previous ex-dividend date was on Nov 30, 2023. Coca-Cola shareholders who own KO stock before this date received Coca-Cola's last dividend payment of $0.46 per share on Dec 15, 2023.
The Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.
Dividend Summary
The next Coca-Cola Co dividend is expected to go ex in 1 month and to be paid in 2 months. The previous Coca-Cola Co dividend was 46c and it went ex 2 months ago and it was paid 2 months ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.9.
ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today approved the company's 62nd consecutive annual dividend increase, raising the quarterly dividend approximately 5.4% from 46 cents to 48.5 cents per common share.
Coca-Cola's Free Cash Flow Gains Could Lead to a Dividend Hike, Giving KO Stock a 3.25% Yield. Today, The Coca-Cola Company (KO) reported that its revenues, operating margins, and free cash flow rose in 2023 and Q4. Moreover, co*ke will likely to hike its upcoming dividend, giving KO stock a 3.25% yield.
Coca-Cola provides security, value, and passive income, and it's about as reliable as a dividend stock can be. Those are worthwhile qualities. It also works as a hedge in challenging times, as illustrated by its market-beating performance last year.
Back by popular demand, Coca‑Cola® is reintroducing its wildly successful “Share a co*ke” program under a new name – “Share an ICE COLD co*ke” – as a reminder that nothing beats the summer heat quite like an ice-cold, delicious Coca‑Cola.
How much to invest to get $1,000 a month in dividends?
The truth is that most investors won't have the money to generate $1,000 per month in dividends; not at first, anyway. Even if you find a market-beating series of investments that average 3% annual yield, you would still need $400,000 in up-front capital to hit your targets.
It is possible to achieve financial freedom by living off dividends forever. That isn't to say it's easy, but it's possible. Those starting from nothing admittedly have a hard road to retirement-enabling passive income.
Last dividend date: 2023-10-19. Current Dividend Yield: 3.83% Annual dollar dividend payment: $2.28.
The Coca-Cola Company (KO) will likely hike its annual dividend to at least $1.92 per share. That puts KO stock on a 3.23% yield and highlights its powerful free cash flow (FCF). Based on this FCF and its stable FCF margins, KO stock looks to be worth at least $67 per share, an upside of 13%.
Historical dividend payout and yield for CocaCola (KO) since 1964. The current TTM dividend payout for CocaCola (KO) as of February 14, 2024 is $1.84. The current dividend yield for CocaCola as of February 14, 2024 is 3.10%.
If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.
Both companies have admirable dividends
Regarding dividends, Coca-Cola leads PepsiCo slightly. At their current share prices, Coca-Cola has a 3.2% yield compared to PepsiCo's 2.8%. Coca-Cola has increased its dividend annually for 61 straight years while PepsiCo has a 50-year streak, so both are Dividend Kings.
The company announces when the dividend will be paid, the amount and the ex-dividend date. Investors must have bought the stock at least two days before the official date of a dividend payment (the "date of record") in order to receive that payment.
Dividends can be classified either as ordinary or qualified. Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates.
If your goal is long-term portfolio growth, dividend reinvestment makes sense: Reinvested dividends help grow your investment. If you aim to generate an income stream or fund an immediate financial need, you're better off taking cash dividends.
What is a good dividend yield?
The average dividend yield on S&P 500 index companies that pay a dividend historically fluctuates somewhere between 2% and 5%, depending on market conditions. 7 In general, it pays to do your homework on stocks yielding more than 8% to find out what is truly going on with the company.
Shares can be purchased through a Direct Stock Purchase and Dividend Reinvestment Plan sponsored and administered by Computershare Trust Company, N.A. Details about the Computershare Investment Plan, including any fees associated with the Plan, can be viewed and printed from Computershare's website.
Plus, Tesla does not pay a dividend to shareholders. As a result, we believe income investors looking for lower volatility should consider high-quality dividend growth stocks. The Dividend Aristocrats are a group of 68 stocks in the S&P 500 Index with 25+ consecutive years of dividend growth.
Moreover, the company expects double-digit organic revenue growth for 2023, which is excellent, and its dividend looks secure given FCF is rising. All things considered, this would be a good time to buy Coca-Cola shares -- and then hold on to them to collect the solid dividend.
Coca-Cola provides security, value, and passive income, and it's about as reliable as a dividend stock can be. Those are worthwhile qualities. It also works as a hedge in challenging times, as illustrated by its market-beating performance last year.
