Coca-Cola Dividends and Buybacks
Dividend criteria checks 3/6
Coca-Cola is a dividend paying company with a current yield of 3.14% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
3.1%
Dividend yield
0.6%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | -0.6% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$1.940 |
| Payout ratio | 79% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KO's dividends per share have been stable in the past 10 years.
Growing Dividend: KO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Coca-Cola Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KO) | 3.1% |
| Market Bottom 25% (CL) | 3.4% |
| Market Top 25% (CL) | 9.3% |
| Industry Average (Beverage) | 3.3% |
| Analyst forecast (KO) (up to 3 years) | 3.4% |
Notable Dividend: KO's dividend (3.14%) isn’t notable compared to the bottom 25% of dividend payers in the CL market (3.37%).
High Dividend: KO's dividend (3.14%) is low compared to the top 25% of dividend payers in the CL market (9.25%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.3%), KO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (244.9%), KO's dividend payments are not well covered by cash flows.