CocaCola Company (The) (KO) to Issue Quarterly Dividend of $0.53 on April 1st

CocaCola Company (The) (NYSE:KO) declared a quarterly dividend on Thursday, February 19th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.53 per share on Wednesday, April 1st. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, March 13th. This is a 3.9% increase from CocaCola’s previous quarterly dividend of $0.51.

CocaCola has increased its dividend payment by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 64 years. CocaCola has a payout ratio of 66.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect CocaCola to earn $3.19 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 66.5%.

CocaCola Trading Down 0.0%

Shares of CocaCola stock opened at $77.80 on Wednesday. CocaCola has a 52-week low of $65.35 and a 52-week high of $82.00. The stock’s 50-day simple moving average is $75.17 and its 200 day simple moving average is $71.23. The stock has a market capitalization of $334.59 billion, a P/E ratio of 25.59, a P/E/G ratio of 3.26 and a beta of 0.35. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.25 and a current ratio of 1.46.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, February 10th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. CocaCola had a net margin of 27.34% and a return on equity of 41.31%. The firm had revenue of $11.82 billion during the quarter, compared to analyst estimates of $12.04 billion. During the same quarter last year, the business earned $0.55 earnings per share. The company’s quarterly revenue was up 2.2% on a year-over-year basis. CocaCola has set its FY 2026 guidance at 3.210-3.240 EPS. As a group, research analysts anticipate that CocaCola will post 2.96 EPS for the current year.

Insider Buying and Selling at CocaCola

In other CocaCola news, CEO James Quincey sold 250,688 shares of CocaCola stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $79.14, for a total transaction of $19,839,448.32. Following the completion of the sale, the chief executive officer owned 278,155 shares of the company’s stock, valued at $22,013,186.70. The trade was a 47.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Monica Howard Douglas sold 23,880 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $77.37, for a total value of $1,847,595.60. Following the completion of the transaction, the executive vice president owned 17,725 shares of the company’s stock, valued at $1,371,383.25. The trade was a 57.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 892,925 shares of company stock valued at $70,254,796 over the last quarter. Company insiders own 0.90% of the company’s stock.

Institutional Trading of CocaCola

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of CocaCola by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 374,771,512 shares of the company’s stock worth $26,200,276,000 after acquiring an additional 5,886,352 shares in the last quarter. State Street Corp boosted its stake in shares of CocaCola by 1.2% in the 4th quarter. State Street Corp now owns 167,850,330 shares of the company’s stock valued at $11,734,417,000 after purchasing an additional 1,992,327 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of CocaCola by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 89,984,203 shares of the company’s stock valued at $6,273,037,000 after purchasing an additional 433,547 shares during the last quarter. Norges Bank purchased a new position in CocaCola in the 4th quarter worth $3,865,807,000. Finally, Franklin Resources Inc. raised its position in CocaCola by 3.1% in the 4th quarter. Franklin Resources Inc. now owns 40,289,857 shares of the company’s stock worth $2,816,697,000 after purchasing an additional 1,195,581 shares during the period. Institutional investors own 70.26% of the company’s stock.

About CocaCola

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.