The King of Drinks Raises Dividend

 As an owner of Coca Cola it is always nice to get a pay raise. I have 51.644 shares of this Dividend King which will generate $72.30 which will cover a night out or a nice pair of shoes. So a raise is always nice

As a follower of the Dividend Kings, One of my favorite Dividend Kings is The Coca-Cola Company.  Cocoa Cola announced a quarterly dividend increase of from $0.33 to $0.35 per share that’s payable April 1, 2016 to holders of record March 15, 2015. This represents a 6.06% increase to regular quarterly dividends and this is the 54th consecutive year that KO has increased its dividend per share.Image

2/25/2016

 
Prev Close: 43.91
Open: 43.96
Bid: 44.00 x 7600
Ask: 44.01 x 4000
1y Target Est: 46.67
Beta: 0.773662
Earnings Date: Apr 20 – Apr 25 (Est.)
Day’s Range: 43.8744.10
52wk Range: 36.56 – 44.16
Volume: 5,564,063
Avg Vol (3m): 14,718,800
Market Cap: 191.62B
P/E (ttm): 26.38
EPS (ttm): 1.67
Div & Yield: 1.40 (3.20%)

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The company’s still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. In addition, the company licenses its technologies and trademarks to suppliers and third parties. The Coca-Cola Company sells its products primarily under Coca-Cola, Diet Coke, Coca-Cola Light, Coca-Cola Zero, Fanta, Sprite, Minute Maid, Georgia, Powerade, Del Valle, Schweppes, Aquarius, Minute Maid Pulpy, Dasani, Simply, Glacéau Vitaminwater, Bonaqua/Bonaqa, Ayataka, Gold Peak, I LOHAS, and FUZE TEA brand names. The company offers its beverage products through a network of company-owned or controlled bottling and distribution operators, as well as through independent bottling partners, distributors, wholesalers, and retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.

 

3 thoughts on “The King of Drinks Raises Dividend”

  1. Long time shareholder of KO and can really appreciate the consistency this name offers long term dividend growth investors. Not a huge increase but still satisfactory considering all the headwinds the company is currently facing with a strong dollar. Thanks for sharing.

  2. Can’t go wrong with Coke. You know a company has arrived when people order drinks by saying I’ll have a coke (this could mean I want a Pepsi, Dr. Pepper, etc.) but everyone just says I’ll have coke. Just like everyone says Google it, even if they are on Yahoo, Ask, AOL, etc.

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