CocaCola - 60 Year Dividend History | KO (2024)

FAQs

Is Coca-Cola dividend worth it? ›

At the current stock price, the dividend yields 3.1%, or about 2.5 times the average S&P 500 yield. Coca-Cola isn't just a top dividend stock because of its high yield; the dividend is reliable and growing. co*ke paid $8 billion in dividends in 2023, with a payout ratio of 74%.

Not all dividend kings are also dividend aristocrats because they do not meet the liquidity criteria or are not part of the S&P 500. The three dividend kings we go through today are some of the most consistent dividend payers around, one being Coca-Cola (NYSE: KO).

If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.

The company is a Dividend King, meaning it has raised its shareholder payout at least once annually for a minimum of 50 years. Its current streak stands at a hard-to-conceive 62 straight years. Coca-Cola management is well aware that the dividend is a big part of the stock's attraction.

A massive passive income stream

Berkshire currently owns 400 million shares of Coca-Cola. This means that on an annualized basis, Warren Buffett's company generates $736 million in dividend income from the beverage giant. That is a huge passive income stream that likely explains why Buffett isn't exiting the position.

Meaning my $10,000 investment would now be worth $15,900. Now, if I'd bought into the pioneering EV producer five years ago, and held them through the 2022 retrace and the 2023 rebound, I would have seen those Tesla shares gain a stellar 756%. That would see my $10,000 investment balloon into $85,600.

Inflation-adjusted returns

The exact inflation rate can vary, but a rough estimate is about 2% per year. If you factor in an average annual inflation rate of 2%, your $1,000 investment would need to grow to about $1,218 to maintain its purchasing power over 10 years — which it has.

This means that your $1,000 10 years ago — technically, $1,002 — would have bought 60 shares of Tesla. As of Mar. 3, 2024, those 60 shares of Tesla would be worth $12,158.40. That marks a 28.342% annual rate of return.

In the current month, KO has received 18 Buy Ratings, 6 Hold Ratings, and 0 Sell Ratings.

The Coca-Cola Company's ( KO ) dividend yield is 3.34%, which means that for every $100 invested in the company's stock, investors would receive $3.34 in dividends per year. The Coca-Cola Company's payout ratio is 74.22% which means that 74.22% of the company's earnings are paid out as dividends.

How long has KO paid a dividend? ›

Historical dividend payout and yield for CocaCola (KO) since 1964. The current TTM dividend payout for CocaCola (KO) as of April 17, 2024 is $1.94. The current dividend yield for CocaCola as of April 17, 2024 is 3.34%.

In many ways for many investors, Coca-Cola (KO 2.14%) is a model dividend stock. The company is a Dividend King, meaning it has raised its shareholder payout at least once annually for a minimum of 50 years. Its current streak stands at a hard-to-conceive 62 straight years.

Moreover, the company expects double-digit organic revenue growth for 2023, which is excellent, and its dividend looks secure given FCF is rising. All things considered, this would be a good time to buy Coca-Cola shares -- and then hold on to them to collect the solid dividend.

The highest analyst price target is $70.00 ,the lowest forecast is $58.00. The average price target represents 11.92% Increase from the current price of $58.91. What do analysts say about Coca-Cola? Coca-Cola's analyst rating consensus is a Moderate Buy.

Indeed, it may be more than worth it right now. Despite Coca-Cola's continued revenue and earnings growth during this time, the stock is trading right where it was in early 2020 when the pandemic took hold of the world; since then, investors have favored growth stocks over value stocks like Coca-Cola.