The Coca-Cola Company

NYSE:KO Stock Report

Mkt Cap: US$258.5b

Coca-Cola Dividend

Dividend criteria checks 5/6

Coca-Cola is a dividend paying company with a current yield of 3.1% that is well covered by earnings. Next payment date is on 03 Jul 2023 with an ex-dividend date of 15 Jun 2023.

Key information

3.1%

Dividend yield

78%

Payout ratio

Industry average yield2.8%
Next dividend pay date03 Jul 23
Ex dividend date15 Jun 23
Dividend per shareUS$1.84
Earnings per shareUS$2.28
Dividend yield forecast in 3Y3.4%

Recent dividend updates

Coca-Cola's (NYSE:KO) Upcoming Dividend Will Be Larger Than Last Year's

May 06
Coca-Cola's (NYSE:KO) Upcoming Dividend Will Be Larger Than Last Year's

Coca-Cola (NYSE:KO) Has Announced That It Will Be Increasing Its Dividend To $0.46

Feb 20
Coca-Cola (NYSE:KO) Has Announced That It Will Be Increasing Its Dividend To $0.46

Coca-Cola (NYSE:KO) Hasn't Managed To Accelerate Its Returns

Oct 25
Coca-Cola (NYSE:KO) Hasn't Managed To Accelerate Its Returns

Recent updates

Coca-Cola Appears Vulnerable To A Recession

May 26

Coca-Cola's (NYSE:KO) Upcoming Dividend Will Be Larger Than Last Year's

May 06
Coca-Cola's (NYSE:KO) Upcoming Dividend Will Be Larger Than Last Year's

Calculating The Intrinsic Value Of The Coca-Cola Company (NYSE:KO)

Apr 28
Calculating The Intrinsic Value Of The Coca-Cola Company (NYSE:KO)

The Coca Cola Company - The Bullish and Bearish Narratives

Apr 11
The Coca Cola Company - The Bullish and Bearish Narratives

Here's Why Coca-Cola (NYSE:KO) Can Manage Its Debt Responsibly

Mar 24
Here's Why Coca-Cola (NYSE:KO) Can Manage Its Debt Responsibly

Coca-Cola (NYSE:KO) Has Announced That It Will Be Increasing Its Dividend To $0.46

Feb 20
Coca-Cola (NYSE:KO) Has Announced That It Will Be Increasing Its Dividend To $0.46

Coca-Cola raises dividend by 4.5% to $0.46

Feb 16

Coca-Cola: Don't Anchor To The Past

Feb 09

Coca-Cola: Optimizing Top-Line Growth And Streamlining Operations

Jan 27

Coca-Cola (NYSE:KO) Ticks All The Boxes When It Comes To Earnings Growth

Jan 24
Coca-Cola (NYSE:KO) Ticks All The Boxes When It Comes To Earnings Growth

Calculating The Intrinsic Value Of The Coca-Cola Company (NYSE:KO)

Jan 11
Calculating The Intrinsic Value Of The Coca-Cola Company (NYSE:KO)

Coca-Cola: 61st Consecutive Annual Dividend Increase Beckons

Dec 30

These 4 Measures Indicate That Coca-Cola (NYSE:KO) Is Using Debt Reasonably Well

Dec 18
These 4 Measures Indicate That Coca-Cola (NYSE:KO) Is Using Debt Reasonably Well

PepsiCo And Coca-Cola: How Will They Perform Through Peak Recessionary Fears In 2023?

Nov 16

Coca-Cola: Sweet Quarter

Oct 31

Coca-Cola (NYSE:KO) Hasn't Managed To Accelerate Its Returns

Oct 25
Coca-Cola (NYSE:KO) Hasn't Managed To Accelerate Its Returns

Coca-Cola maintains dividend at $0.44/share

Oct 20

Here's Why We Think Coca-Cola (NYSE:KO) Is Well Worth Watching

Oct 13
Here's Why We Think Coca-Cola (NYSE:KO) Is Well Worth Watching

Coca-Cola: Closing In On 52-Week Lows, My Price Target Is $45

Oct 10

Coca-Cola: The Problem With The Bearish Thesis

Sep 25

Coca-Cola: Don't Always Think It's A Buy

Sep 18

The Coca-Cola Company's (NYSE:KO) Intrinsic Value Is Potentially 49% Above Its Share Price

Sep 16
The Coca-Cola Company's (NYSE:KO) Intrinsic Value Is Potentially 49% Above Its Share Price

Coca-Cola: Unreasonably Expensive

Aug 25

We Think Coca-Cola (NYSE:KO) Can Stay On Top Of Its Debt

Aug 23
We Think Coca-Cola (NYSE:KO) Can Stay On Top Of Its Debt

Coca-Cola: Benefit From Its Growing Dividend Payments While Investing For Retirement

Aug 18

The Coca-Cola Company (NYSE:KO) is Getting Expensive for Yield Investors

Jul 28
The Coca-Cola Company (NYSE:KO) is Getting Expensive for Yield Investors

Will Coca-Cola's Q2 top line be protected from inflationary headwinds and cost pressures?

Jul 25

Returns At Coca-Cola (NYSE:KO) Appear To Be Weighed Down

Jul 21
Returns At Coca-Cola (NYSE:KO) Appear To Be Weighed Down

Coca-Cola adds former top exec at Instacart to board

Jul 19

Is Coca-Cola Stock A Buy Before Upcoming Earnings? Only If You Disregard The Current Narrative

Jul 11

Should You Be Adding Coca-Cola (NYSE:KO) To Your Watchlist Today?

Jul 09
Should You Be Adding Coca-Cola (NYSE:KO) To Your Watchlist Today?

Coca-Cola: Approaching A Key Area

Jun 18

An Intrinsic Calculation For The Coca-Cola Company (NYSE:KO) Suggests It's 29% Undervalued

Jun 02
An Intrinsic Calculation For The Coca-Cola Company (NYSE:KO) Suggests It's 29% Undervalued

Coca-Cola: More Pain Ahead

Jun 01

Coca-Cola: Not Sparkling To Me

May 22

We Think Coca-Cola (NYSE:KO) Can Stay On Top Of Its Debt

May 09
We Think Coca-Cola (NYSE:KO) Can Stay On Top Of Its Debt

Coca-Cola: Yield Anchoring

Apr 28

Insider Selling is Picking Up With New Highs for The Coca-Cola Company (NYSE:KO)

Apr 26
Insider Selling is Picking Up With New Highs for The Coca-Cola Company (NYSE:KO)

Dividend Aristocrat Coca-Cola's Shares Look Pricey At Current Levels

Apr 14

Coca-Cola (NYSE:KO) Has More To Do To Multiply In Value Going Forward

Apr 03
Coca-Cola (NYSE:KO) Has More To Do To Multiply In Value Going Forward

Coca-Cola Stock: DCF Analysis Shows Bubbly Valuation

Mar 31

Coca-Cola Stock: Is Now The Time To Buy As It Nears All-Time High?

Mar 23

Is Coca-Cola A Good Dividend Stock?

Mar 09

Coca-Cola (NYSE:KO) Will Pay A Larger Dividend Than Last Year At US$0.44

Feb 21
Coca-Cola (NYSE:KO) Will Pay A Larger Dividend Than Last Year At US$0.44

Coca-Cola's 2022 Dividend Increase: A Sexagenarian

Feb 17

Coca-Cola's (NYSE:KO) 60th Consecutive Dividend Increase is on the Menu

Feb 14
Coca-Cola's (NYSE:KO) 60th Consecutive Dividend Increase is on the Menu

Upcoming Dividend Payment

TodayMay 31 2023Ex Dividend DateJun 15 2023Dividend Pay DateJul 03 202318 days from Ex DividendBuy in the next 15 days to receive the upcoming dividend

Dividend Yield vs Market

Coca-Cola Dividend Yield vs Market
How does KO dividend yield compare to the market?
SegmentDividend Yield
Company (KO)3.1%
Market Bottom 25% (US)1.7%
Market Top 25% (US)5.2%
Industry Average (Beverage)2.8%
Analyst forecast in 3 Years (KO)3.4%

Notable Dividend: KO's dividend (3.08%) is higher than the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: KO's dividend (3.08%) is low compared to the top 25% of dividend payers in the US market (5.16%).

Stability and Growth of Payments

How stable has Coca-Cola's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20252.023.4%
12/31/20241.923.2%
12/31/20231.843.1%
5/30/20231.843.1%
4/27/20231.842.9%
2/22/20231.843%
2/14/20231.762.9%
7/22/20221.762.9%
4/29/20221.762.8%
2/17/20221.762.8%
10/21/20211.682.9%
7/16/20211.683%
4/21/20211.683.1%
2/18/20211.683.2%
10/15/20201.643.2%
7/16/20201.643.4%
4/22/20201.643.6%
2/20/20201.643.4%
1/30/20201.642.8%
10/17/20191.62.9%
7/18/20191.63%
4/25/20191.63.2%
2/21/20191.63.5%
10/18/20181.563.2%
7/19/20181.563.4%
4/26/20181.563.6%
2/15/20181.563.6%
10/19/20171.483.2%
7/20/20171.483.2%
4/27/20171.483.3%
2/16/20171.483.5%
10/20/20161.43.4%
7/21/20161.43.3%
4/28/20161.43.1%
2/18/20161.43.1%
10/15/20151.323.1%
7/16/20151.323.3%
4/30/20151.323.3%
2/19/20151.323.2%
10/16/20141.222.9%
7/15/20141.222.9%
4/24/20141.223%
2/20/20141.223.2%
10/17/20131.122.8%
7/18/20131.122.9%
4/25/20131.122.7%
2/21/20131.122.8%
10/18/20121.022.7%
7/30/20121.022.6%

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.

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (78%), KO's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (88.3%), KO's dividend payments are covered by cash flows.

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