Coca-Cola Co (KO) Dividends (2024)

FAQs

Is KO a good dividend stock? ›

In many ways for many investors, Coca-Cola (NYSE: KO) is a model dividend stock. The company is a Dividend King, meaning it has raised its shareholder payout at least once annually for a minimum of 50 years. Its current streak stands at a hard-to-conceive 62 straight years.

Coca-Cola (NYSE:KO) Is Increasing Its Dividend To $0.485.

Coca-Cola (KO -0.43%) is often considered a safe blue chip stock. It owns the world's top soda brand, it generates plenty of cash, and it pays consistent dividends.

If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.

As of today, Coca-Cola Co currently has a 12-month trailing dividend yield of 3.02% and a 12-month forward dividend yield of 3.19%. This suggests an expectation of increased dividend payments over the next 12 months. Over the past three years, Coca-Cola Co's annual dividend growth rate was 3.90%.

KO Stock 12 Month Forecast

Based on 15 Wall Street analysts offering 12 month price targets for Coca-Cola in the last 3 months. The average price target is $65.93 with a high forecast of $70.00 and a low forecast of $58.00.

Based on analysts offering 12 month price targets for KO in the last 3 months. The average price target is $65.87 with a high estimate of $70 and a low estimate of $58.

Microsoft (NASDAQ: MSFT), Coca-Cola (NYSE: KO), Procter & Gamble (NYSE: PG), Chevron (NYSE: CVX), Home Depot (NYSE: HD), JPMorgan Chase (NYSE: JPM), and United Parcel Service (NYSE: UPS) represent their industries well and are all top dividend stocks you can count on for decades to come.

What are the three dividend stocks to buy and hold forever? ›

Black Hills Corporation (NYSE: BKH), Enbridge (NYSE: ENB), and American States Water (NYSE: AWR), on the other hand, stand out to a few Fool.com contributors for their ability to continue thriving in tough times. They have demonstrated that by continuing to increase their dividends over the decades.

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the early part of the second quarter of 2024 showed a big divergence of returns.

Here are three high-quality dividend stocks - Target Corporation (TGT), Republic Services, Inc. (RSG), and The Brink's Company (BCO) - that demonstrate steady earnings growth and generate ample free cash flow, ensuring their ability to sustain dividend distributions over the long term.

The business generates tons of free cash flow, to the tune of $9.7 billion in 2023. Even after investing in capital expenditures, there are a lot of resources left to fund dividends. The current 3.2% yield is healthy. But even more impressive, Coca-Cola has increased its annual dividend payout in 62 straight years.

The average price target for Coca-Cola is $65.93. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $70.00 ,the lowest forecast is $58.00. The average price target represents 11.92% Increase from the current price of $58.91.

The Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.