Board of Directors of The Coca-Cola Company Announces 56th Consecutive Annual Dividend Increase
Staff Report From Metro Atlanta CEO
Tuesday, February 20th, 2018
The Board of Directors of The Coca-Cola Company approved the company's 56th consecutive annual dividend increase, raising the quarterly dividend 5.4 percent, from 37 cents to 39 cents per common share.
This is equivalent to an annual dividend of $1.56 per share, up from $1.48 per share in 2017. The first quarter dividend is payable April 2, 2018, to shareowners of record as of March 15, 2018.
The dividend increase reflects the board’s confidence in the company’s long-term cash flow. The Company returned $6.3 billion in dividends to shareowners in 2017, bringing to $41.5 billion the total amount given back to shareowners through dividends since Jan. 1, 2010.
