Coca-Cola raises dividend for 54th consecutive year
Dividend Aristocrat Coca-Cola will increase its dividend by 6.1%.
The quarterly dividend will be raised to $0.35 quarterly, marking 54 years of consecutive dividend increases.
The increase reflects the Board's confidence in the Company's long-term cash flow. The Coca-Cola Company returned $5.7 billion in dividends to shareowners in 2015, bringing the total amount to $29 billion given back to shareowners through dividends since Jan. 1, 2010.
Source: The Coca-Cola Company
The quarterly dividend will be raised to $0.35 quarterly, marking 54 years of consecutive dividend increases.
The increase reflects the Board's confidence in the Company's long-term cash flow. The Coca-Cola Company returned $5.7 billion in dividends to shareowners in 2015, bringing the total amount to $29 billion given back to shareowners through dividends since Jan. 1, 2010.
Source: The Coca-Cola Company