Coca-Cola share dividend and yield

What is the amount of the dividend paid by Coca-Cola?

The last known full dividend for Coca-Cola shares is the dividend that was paid in 2023 for the financial year 2022. This dividend was in the amount of $1.78 per share and was paid in four instalments of $0.46

Remember that the last known dividend for the Coca-Cola Company was the one paid in 2022 for the financial year 2023 with an amount of $1.76.

When is Coca-Cola's dividend payment due?

Coca-Cola's dividend is paid each year based on the group's financial results for the previous year. The amount of the dividend is proposed by the Board of Directors and then voted on by the General Meeting of Shareholders which is held once a year after the balance sheet.

As Coca-Cola is an American company, it pays its dividend quarterly. This means that it pays a dividend four times a year, usually in equal amounts.

In 2022, for example, Coca-Cola's first interim dividend was detached on 14 March and paid on 1 April, the second was detached on 14 June and paid on 1 July, the third was detached on 15 September and paid on 3 October and the fourth was detached on 30 November and paid on 15 December.

What is the next expected dividend for Coca-Cola shares?

The next expected dividend for Coca-Cola shares is the balance of the 2023 dividend calculated on the 2022 financial year. Indeed, to date, an interim dividend totalling $1.78 per share has been paid. This interim dividend in the amount of $0.46 was paid on April 1.

Three further instalments of $0.46 will be paid in July, October and December 2023.

Coca-Cola share dividend history:

The Coca-Cola Group's dividend payments have been uninterrupted since 1980. This means that the company has been paying its shareholders a dividend every year for over 42 years. Moreover, the amount of the dividend has tended to increase over time. Here is a history of the last dividends paid by Coca-Cola and their evolution from year to year.

• In 2023, Coca-Cola's dividend was $1.78 with a 5.44% increase
• In 2022, Coca-Cola's dividend was $1.76 with a 4.76% increase
• In 2021, Coca-Cola's dividend was $1.68 with an increase of 2.44%.
• In 2020, Coca-Cola's dividend was $1.64 with an increase of 2.50%.
• In 2019, Coca-Cola's dividend was $1.60 with a 2.56% increase
• In 2018, Coca-Cola's dividend was $1.56 with a 5.41% increase
• In 2017, Coca-Cola's dividend was $1.48 with a 5.71% increase
• In 2016, Coca-Cola's dividend was $1.40 with an increase of 6.06%.
• In 2015, Coca-Cola's dividend was $1.32 with an increase of 8.20%.
• In 2014, Coca-Cola's dividend was $1.22 with an increase of 8.93%.

If the evolution of Coca-Cola's dividend amount is rather slow in the short term, it is faster in the long term. Over the last 5 years, the average dividend has risen by 2.67% per annum, whereas over the last 10 years, the average increase has been 4.74% per annum.

What is the dividend yield on Coca-Cola shares?

The amount of the dividend of the Coca-Cola share is not the only element to take into account to know its profitability. It is indeed necessary to base oneself on its yield which corresponds to the part of the share price that the amount of the dividend paid represents.

The dividend paid by Coca-Cola in 2023 showed a yield of 2.82%.

The Coca-Cola Group's payout ratio is particularly high, with 79.8% of its profits going to shareholders. This tells us that it is a mature company that does not have much money left for investment and future growth.

What is the multi-year dividend yield on Coca-Cola shares?

Over the past 10 years, the Coca-Cola Group has paid a dividend with an average yield of 3.01%, which is a little below its 2021 yield. Here is its history:

• In 2023, the dividend yield was 2.82%.
• In 2022, the yield on this dividend was 2.82%.
• In 2021, this dividend yield was 3.04%.
• In 2020, the dividend yield was 3.11%.
• In 2019, the dividend yield was 2.97%.
• In 2018, the dividend yield was 3.14%.
• In 2017, the dividend yield was 3.25%.
• In 2016, the dividend yield was 3.35%.
• In 2015, the dividend yield was 3.04%.
• In 2014, the dividend yield was 2.75%.