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.


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

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

  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.

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