Thursday, February 21, 2013

Dividend Increase: KO

Coca-Cola (KO) is increasing its quarterly dividend by 9.8%, from $0.255 to $0.28 per share, putting the company on track for its 51st consecutive year of dividend growth (press release). Given that I own 60 shares of KO, my quarterly dividend increases from $15.30 to $16.80, which will add an extra $6.00 to my annual dividend income. This dividend increase also boosts my yield on cost to 3.38%. Thus far this year, there have been dividend increases for 10 of the 27 dividend growth stocks in my portfolio.

5 comments:

  1. Very nice! Last year was great, this is fantastic!

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    1. CI: I agree -- this raise was a bit higher than I expected, so I am pleased.

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  2. Im impressed, I must say. Very rarely do I come across a blog thats both informative and entertaining, and let me tell you, youve hit the nail on the head. Your blog is important; the issue is something that not enough people are talking intelligently about. Im really happy that I stumbled across this in my search for something relating to this issue.

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    1. Dividend: Thanks, I'm glad you like my blog.

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  3. Which is better Pepsi or Coca-Cola?
    ANSWER THE POLL and you could get a prepaid VISA gift card!

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