Coca-Cola (KO) Increases Annual Dividend by 7%

The Coca-Cola Company (KO) today approved the company’s 49th consecutive annual dividend increase, raising the quarterly dividend 7%t from $0.44 cents to $0.47 per common share. This is equivalent to an annual dividend of $1.88 per share, up from $1.76 per share in fiscal 2010. The Board of Directors of the co. said that the first quarterly dividend is payable April 1, 2011, to shareowners of record as of March 15, 2011.

At last check, KO was up 38 cents, or 0.60%, to $63.78.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.