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The Coca-Cola Company (KO)
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KO Dividends

The Coca-Cola Company (KO) pays $2.06 in dividends per share, with a current dividend yield of 2.46%. The company has dividend history for 62 consecutive years.

KO Dividend Summary

Consecutive Years

62

Next Ex-Dividend Date

Jun 15, 2026

Next Payment Date

Jul 1, 2026

KO Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

KO Dividends CAGR Chart

The Coca-Cola Company (KO)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.06
2025$2.04+5.15%
2024$1.94+5.43%
2023$1.84+4.55%
2022$1.76+4.76%
2021$1.68+2.44%
2020$1.64+2.50%
2019$1.60+2.56%
2018$1.56+5.41%
2017$1.48+5.71%
2016$1.40+6.06%
2015$1.32+8.20%
2014$1.22+8.93%
2013$1.12+9.80%
2012$1.02+8.51%
2011$0.94+6.82%
2010$0.88+7.32%
2009$0.82+7.89%
2008$0.76+11.76%
2007$0.68+9.68%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.53+3.92%
Q1 2026$0.53+3.92%
Q4 2025$0.51+5.15%
Q3 2025$0.51+5.15%
Q2 2025$0.51+5.15%
Q1 2025$0.51+5.15%
Q4 2024$0.48+5.43%
Q3 2024$0.48+5.43%
Q2 2024$0.48+5.43%
Q1 2024$0.48+5.43%
Q4 2023$0.46+4.55%
Q3 2023$0.46+4.55%
Q2 2023$0.46+4.55%
Q1 2023$0.46+4.55%
Q4 2022$0.44+4.76%
Q3 2022$0.44+4.76%
Q2 2022$0.44+4.76%
Q1 2022$0.44+4.76%
Q4 2021$0.42+2.44%
Q3 2021$0.42+2.44%
Q2 2021$0.42+2.44%
Q1 2021$0.42+2.44%
Q4 2020$0.41+2.50%
Q3 2020$0.41+2.50%

Dividend Yield Metrics

Current Yield
2.46%
Average Yield (TTM)
2.46%
Average Yield (3Y)
2.32%
Forward Yield on Cost (3Y)
2.99%
Forward Yield on Cost (5Y)
3.41%
Forward Yield on Cost (10Y)
4.71%

Payout Ratio Analysis

Payout Ratio (Current)
67.54%
FCF Payout Ratio
70.56%
Payout Ratio (3Y Avg)
73.21%
Payout Ratio (5Y Avg)
74.79%
FCF Payout (3Y Avg)
141.23%
FCF Payout (5Y Avg)
113.59%

An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.

Dividend Coverage

Payout Ratio
67.5%
Dividends / net income
FCF Payout Ratio
70.6%
Dividends / free cash flow
Consecutive Years
62 years
Years with regular dividend payments
5Y Dividend Growth
4.5%
Compound annual dividend growth

About The Coca-Cola Company

The Coca-Cola Company, a prominent global entity in the beverage sector, is dedicated to the creation, marketing, and worldwide sale of a broad spectrum of non-alcoholic refreshments. Its extensive product range encompasses effervescent soft drinks, including various flavored options; still and sparkling waters; sports beverages, coffees, and teas; diverse fruit juices; fortified dairy drinks; and plant-based alternatives, among other liquid offerings. In addition to finished products, the company provides beverage concentrates and syrups, specifically supplying fountain syrups to food service establishments like restaurants and convenience stores. These products are offered under an expansive portfolio of globally recognized brands, such as Coca-Cola, Diet Coke, Fanta, Sprite, Simply, Fresca, Powerade, Dasani, and Minute Maid, to name just a few. The organization leverages a sophisticated distribution network, involving independent bottling partners, a variety of distributors, wholesalers, and retailers, complemented by its own bottling and distribution operations. Established in 1886, the enterprise's central operations are based in Atlanta, Georgia.

Atlanta, GA
69,700 employees
Consumer Defensive / Beverages - Non-Alcoholic
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
CEO
Henrique Braun