Coca-Cola Dividend Increase
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Coca-Cola (KO) recently increased its quarterly dividend by 5.43%, from 46 cents to 48.5 cents per share. The dividend will be paid on April 1 to shareholders of record on March 15. The ex-dividend date is March 14.
KO's contribution to my portfolio's projected annual dividend income will increase by $20 to $388.
I own 200 shares of KO at an average cost basis of $41.28 per share. Following this increase, my yield on cost is 4.70%. (KO's forward yield is 3.27% at $59.39 per share).
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Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...
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