CocaCola Company (The) (NYSE:KO) to Issue Quarterly Dividend of $0.53

CocaCola Company (The) (NYSE:KO) declared a quarterly dividend on Thursday, October 15th. Investors of record on Tuesday, December 1st will be given a dividend of $0.53 per share on Tuesday, December 15th. This represents a $2.12 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, December 1st.

CocaCola has a dividend payout ratio of 66.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect CocaCola to earn $3.53 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 60.1%.

CocaCola Trading Down 0.0%

KO opened at $91.78 on Friday. The stock has a 50-day moving average of $88.34 and a 200 day moving average of $83.27. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. CocaCola has a 12 month low of $67.16 and a 12 month high of $94.10. The firm has a market cap of $394.87 billion, a P/E ratio of 27.56, a P/E/G ratio of 3.57 and a beta of 0.32.

CocaCola (NYSE:KO) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $13.37 billion for the quarter, compared to the consensus estimate of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. As a group, research analysts forecast that CocaCola will post 3.30 EPS for the current year.

About CocaCola

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.