Coca-Cola 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.
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).
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. Please use common sense or consult with an investment professional before investing your money. I am not responsible for the outcomes of your decisions, nor am I responsible for the comments posted by readers or the contents of any linked websites.
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