Coca-Cola increases quarterly dividend 5.4% to 48.5c per share

The board of directors of The Coca-Cola Company approved what it notes as “the company’s 62nd consecutive annual dividend increase,” raising the quarterly dividend approximately 5.4% from 46c to 48.5c per common share. The quarterly dividend is equivalent to an annual dividend of $1.94 per share, up from $1.84 per share in 2023. The first quarter dividend is payable April 1 to shareowners of record as of March 15.