Justin Sullivan My grandpa was always punctual, sometimes to a fault. I recall him showing up at a few parties before the guests arrived, but he didn't mind as long as he was on time. "You could set your clock by me," he used to say proudly. It has been more than two decades since he passed, but the life lessons my family learned from him are for eternity. My grandpa was never much of an investor, although he was a compulsive saver. Had he invested, I'd go out on a limb and say The Coca-Cola Company (NYSE:K ...

Shares of Coca-Cola Co. gained Thursday, after the beverage giant raised its dividend, effectively increasing its yield advantage over rival PepsiCo Inc. Coca-Cola said it is raising its quarterly dividend by 5.4%, to 48.5 cents a share, from 46 cents a share. Shareholders of record on March 15 will receive the new dividend on April 1.... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe Now Already a subsc ...

ATLANTA--(BUSINESS WIRE)--The Board of Directors of The Coca-Cola Company today approved the company’s 62nd consecutive annual dividend increase, raising the quarterly dividend approximately 5.4% from 46 cents to 48.5 cents per common share. The quarterly dividend is equivalent to an annual dividend of $1.94 per share, up from $1.84 per share in 2023. The first quarter dividend is payable April 1 to shareowners of record as of March 15. The company returned $8 billion in dividends to shareowners in 2023, ...

Justin Sullivan Coca-Cola (NYSE:KO) is likely to raise its dividend for the 62nd straight year in mid-February, but by no more than 2 cents in my view. A little over two years ago, I wrote a fairly optimistic article about Coca-Cola, outlining how it might finally have turned the corner and entered a new period of growth again. The stock is up since then, but only by about 10%. Adding in slightly more than two years of dividends gets us to approximately 17%. Okay, but not the kind of double-digit annual ...

Coca-Cola’s FTSE 100-listed packaging wing Coca-Cola HBC AG delivered 16.9% in organic revenue growth to €10.2 billion (£8.7 billion) in the past financial year. Organic volumes in the core sparkling category were hit by Coca-Cola’s withdrawal from the Russian market, coming in at 2.5%. However, energy drink volumes surged by over 27% and coffee by over 31%. Underlying earnings (EBIT) grew 17.7% year on year to €1.1 billion, making for a 9.4% margin. Comparable earnings per share grew by 21.8% to €2.08, “su ...

Two rival stocks that typically resonate with investors because of their value and steady expansion are Coca-Cola (KO) and PepsiCo (PEP). Now is a good time to see if this resonation is holding with both reporting their Q4 results for fiscal 2023 within the last week.Let’s take a look at the quarterly reviews for these beverage giants along with their guidance, recent performance, and valuations to see if now is a good time to buy.Coca-Cola Q4 Review Reporting Q4 results this morning Coca-Cola was able to b ...

The Coca-Cola Company (NYSE:KO) Q4 2023 Earnings Conference Call February 13, 2024 8:30 AM ET Company Participants Robin Halpern - Vice President & Head of Investor Relations James Quincey - Chairman & Chief Executive Officer John Murphy - President & Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Dara Mohsenian - Morgan Stanley Bonnie Herzog - Goldman Sachs Bryan Spillane - Bank of America Stephen Powers - Deutsche Bank Rob Ottenstein - Evercore ISI Chris Carey - Wells Far ...

This morning’s big economic report — one of the most important prints of the entire month — came in hotter than expected, which is causing pre-market futures to take a bath in red ink. January Consumer Price Index (CPI) numbers came in higher than estimates on every single metric, and the slight pre-market sell-off has plummeted in a matter of minutes.Headline CPI month over month reached +0.3%, higher than the +0.2% expected and the downwardly revised print for December. This is the biggest inflation read ...

Jame Quincey, CEO of Coca-Cola Co., speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 18th, 2023.Inflation is moderating in most markets, after a stretch in which the beverage maker relied on price hikes to drive higher revenue, Coca-Cola CEO James Quincey said Tuesday.Coke reported its fourth-quarter results Tuesday, and said higher prices helped the company beat Wall Street's estimates for its quarterly sales. But Coke's price hikes have slowed from the last two years' double-digit increases ...

The Coca-Cola Company (KO) has reported fourth-quarter 2023 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Earnings and sales also improved year over year. The company’s results have benefited from its continued business momentum. KO has outlined its view for 2024.Comparable earnings of 49 cents per share improved 10% from the year-ago period and beat the Zacks Consensus Estimate of 48 cents. However, unfavorable currency translations hurt comparable earnings by 13 percent ...