Board of Directors of The Coca-Cola Company Approves 63rd Consecutive Annual Dividend Increase

Rhea-AI Summary

The Coca-Cola Company (NYSE: KO) has announced its 63rd consecutive annual dividend increase, raising the quarterly dividend by 5.2% from 48.5 cents to 51 cents per common share. This increase brings the annual dividend to $2.04 per share, up from $1.94 in 2024.

The first quarter dividend will be payable on April 1 to shareholders of record as of March 14. The company distributed $8.4 billion in dividends to shareholders in 2024, contributing to a total of $93.1 billion in dividend payments since January 1, 2010.

Positive

• 63rd consecutive year of dividend increases demonstrates strong financial stability
• 5.2% increase in quarterly dividend shows commitment to shareholder returns
• $8.4 billion returned to shareholders in 2024 through dividends
• $93.1 billion total dividend payments since 2010 indicates consistent shareholder value creation

Negative

• None.

Insights

Financial Analyst

Coca-Cola's latest dividend increase marks a significant milestone in corporate dividend history, extending its remarkable streak to 63 years of consecutive increases. The 5.2% raise to $0.51 quarterly demonstrates robust financial stewardship, particularly noteworthy in today's economic climate where many companies struggle to maintain dividend growth above inflation rates.

The scale of shareholder returns is remarkable, with $8.4 billion distributed in 2024 alone and $93.1 billion since 2010. This consistent capital return policy has several important implications:

• The dividend increase exceeds current core inflation rates, providing real income growth for investors
• This reliability makes KO a cornerstone holding for income-focused portfolios and dividend-focused ETFs
• The company's status as a dividend aristocrat (>25 years of consecutive increases) ensures its inclusion in prestigious indices like the S&P 500 Dividend Aristocrats

The global scale of Coca-Cola's operations, spanning over 200 countries with multiple billion-dollar brands, provides a diversified revenue stream that helps ensure dividend sustainability. The company's extensive portfolio beyond carbonated beverages, including water, sports drinks, coffee, and plant-based beverages, creates multiple growth vectors to support future dividend increases.

This dividend policy reflects management's confidence in the company's cash flow generation capabilities and long-term business outlook. For investors, it represents a premium quality of earnings, as consistent dividend growth typically indicates strong underlying business fundamentals and disciplined capital allocation.

ATLANTA--(BUSINESS WIRE)-- The Board of Directors of The Coca-Cola Company today approved the company’s 63^rd consecutive annual dividend increase, raising the quarterly dividend approximately 5.2% from 48.5 cents to 51 cents per common share.

The quarterly dividend is equivalent to an annual dividend of $2.04 per share, up from $1.94 per share in 2024. The first quarter dividend is payable April 1 to shareowners of record as of March 14.

The company returned $8.4 billion in dividends to shareowners in 2024, bringing the total amount of dividends paid to shareowners since Jan. 1, 2010, to $93.1 billion.

About The Coca-Cola Company

The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.coca-colacompany.com and follow us on Instagram, Facebook and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250220733936/en/

Investors and Analysts: Robin Halpern, koinvestorrelations@coca-cola.com

Media: Scott Leith, sleith@coca-cola.com

Source: The Coca-Cola Company

FAQ

What is Coca-Cola's (KO) new quarterly dividend amount for 2025?

Coca-Cola's new quarterly dividend is 51 cents per common share, increased from 48.5 cents.

When will Coca-Cola (KO) pay its first quarter 2025 dividend?

The first quarter dividend will be paid on April 1, 2025, to shareholders of record as of March 14.

How much did Coca-Cola (KO) increase its dividend in 2025?

Coca-Cola increased its dividend by 5.2% in 2025.

What is Coca-Cola's (KO) annual dividend amount for 2025?

Coca-Cola's annual dividend for 2025 is $2.04 per share, up from $1.94 per share in 2024.

How much has Coca-Cola (KO) paid in dividends since 2010?

Coca-Cola has paid $93.1 billion in dividends to shareholders since January 1, 2010.

How many consecutive years has Coca-Cola (KO) increased its dividend?

Coca-Cola has increased its dividend for 63 consecutive years.