Coca-Cola Dividend Forecast 2024
Tuesday, 23 April 2024, 15:21
Coca-Cola's Dividend Growth History
Coca-Cola (NYSE: KO) has a remarkable track record of increasing dividends, maintaining its status as a Dividend King stock with 62 consecutive years of dividend growth.
2024 Dividend Projection
Management approved a 5.4% dividend increase in February, amounting to $1.94 annually per share, highlighting its commitment to shareholder returns.
Impact on Investors
The high yield and consistent growth of Coca-Cola's dividend, amidst inflationary pressures, positions it as a reliable source of passive income for investors.
- Coca-Cola paid $8 billion in dividends in 2023, with a healthy payout ratio of 74%.
- The company plans to continue its dividend growth strategy, projecting increased sales and profits in 2024.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.