Coca-Cola increases dividend for 53rd consecutive year

Coca-Cola will raise its quarterly dividend by 8,2%.

The quarterly dividend is increased from $0,305 to $0,33 per share, marking 53 consecutive years of higher dividend payments.

Last year Coca-Cola increased its dividend by 8,9%.

The new indicated dividend yield is 3,1%, based on Thurday's closing price of $42,11 per share.