Coca-Cola Dividends and Buybacks
Dividend criteria checks 4/6
Coca-Cola is a dividend paying company with a current yield of 2.85% that is well covered by earnings. Next payment date is on 1st July, 2025 with an ex-dividend date of 13th June, 2025.
Key information
2.9%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 3.1% |
| Future Dividend Yield | 3.1% |
| Dividend Growth | 4.2% |
| Next dividend pay date | 01 Jul 25 |
| Ex dividend date | 13 Jun 25 |
| Dividend per share | n/a |
| Payout ratio | 78% |
Recent dividend and buyback updates
Recent updates
Coca-Cola (NYSE:KO) Has Some Way To Go To Become A Multi-Bagger
May 18
Coca-Cola: Double-Digit Returns With Limited Downside
May 04Earnings Beat: The Coca-Cola Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 02Coca-Cola: Best Inflation Hedge In Today's Turbulent Market
Apr 19Calculating The Fair Value Of The Coca-Cola Company (NYSE:KO)
Apr 17The Coca-Cola Company: First Quarter Results Belies Valuation Concerns
Mar 31Coca-Cola: Strong Momentum Is Bullish But One Headwind Keeps Me From Upgrading
Feb 26Never Thought The Quality Of Coca-Cola's Earnings Was All That Good
Feb 11
Narrative update from Richard Bowman
Mean Reversion Begins as USD strength Weighs on Revenue<br></br>As of November 2024Coca-Cola’s reversion to the mean, and to my projections, has accelerated over the last few months. RevenCoca-Cola Is A Strong Buy Headed Into Earnings
Feb 02These 4 Measures Indicate That Coca-Cola (NYSE:KO) Is Using Debt Reasonably Well
Jan 11
Narrative update from Stjepan Kalinic
The revenue slowdown in Q3 has been driven by inflation, as the firm hiked prices every quarter since the end of 2020. Although unit case volumes fell 1%, the firm has seen a spike in demand for Coca-Narrative update from Stjepan Kalinic
The revenue slowdown in Q3 has been driven by inflation, as the firm hiked prices every quarter since the end of 2020. Although unit case volumes fell 1%, the firm has seen a spike in demand for Coca-Coca-Cola: Could Fit An Option Collar Strategy (Technical Analysis)
Jan 05The Coca-Cola Company's (NYSE:KO) Intrinsic Value Is Potentially 48% Above Its Share Price
Dec 10Coca-Cola: Macro Factors Weigh Since Mid-Year, Keeping A Hold But Raising FV Target
Dec 04The Cola-Cola Company: Powering Past Pepsi Thanks To Gen Z
Nov 04Coca-Cola's (NYSE:KO) Soft Earnings Are Actually Better Than They Appear
Nov 01The Coca-Cola Company: Getting A Taste Test Before Earnings
Oct 20Narrative update from Richard Bowman
Coca-Cola is Going To Struggle to Live up to the Current ValuationCoca-Cola is Going To Struggle to Live up to the Current ValuationAfter a period of revenue and earnings growth thanks to price increaThe Coca-Cola Company: Not So Tasty For Your Portfolio
Sep 27Narrative update from Stjepan Kalinic
Thanks to the share price appreciation, Coca-Cola’s current dividend yield has dropped to 2.7%, making it less appealing compared to earlier this year when the yield exceeded 3%. Investors seeking incCoca-Cola (NYSE:KO) Eyes Growth with OREO Partnership Amid Market Challenges
Sep 16
All-Weather Strategy And Digital Innovations Propel The Company To New Heights In Revenue And Market Share
Coca-Cola's strategy emphasizes market growth, innovation, and digital advancements for revenue and margin enhancement, alongside strong brand partnerships.The Coca-Cola Company: The Fundamentals Do Not Support The Current Share Price
Aug 26Narrative update from Richard Bowman
2024 Q1 Update: Coca-cola’s Growth and Margins are NormalizingCoca Cola’s first quarter results reflected continuing momentum in revenue growth driven primarily by price increases. The company re-franUnpleasant Surprises Could Be In Store For The Coca-Cola Company's (NYSE:KO) Shares
Aug 11Coca-Cola: Waiting For A Better Entry Point (Rating Downgrade)
Jul 25Here's What To Make Of Coca-Cola's (NYSE:KO) Decelerating Rates Of Return
Jul 15Upcoming 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) | 2.9% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Beverage) | 3.2% |
| Analyst forecast (KO) (up to 3 years) | 3.1% |
Notable Dividend: KO's dividend (2.85%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: KO's dividend (2.85%) is low compared to the top 25% of dividend payers in the US market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.5%), KO's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: KO is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/29 09:30 |
| End of Day Share Price | 2025/05/29 00:00 |
| Earnings | 2025/03/28 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Coca-Cola Company is covered by 57 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Fabrizio Spagna | Axia Financial Research |
| Ishan Majumdar | Baptista Research |