Here's How Many Shares of Coca-Cola You Must Own to Get $5,000 in Yearly Dividends

Core Viewpoint - Coca-Cola is recognized as a Dividend King, having increased its dividend for 63 consecutive years, reflecting its strong commitment to returning value to shareholders [3][4]. Dividend Commitment - Coca-Cola has maintained regular dividend payments and has a history of annual increases for over six decades, solidifying its status as a Dividend King [3]. - The company recently raised its dividend to a quarterly rate of $0.51 per share, effective from April [3]. Financial Health - Coca-Cola's payout ratio stands at 77%, indicating that its dividend payments account for approximately three-quarters of its net income over the past year, suggesting the company can sustain its dividend increases [4]. - The current annual dividend of $2.04 per share requires an investment of $174,070 to generate $5,000 in annual dividend income, based on the closing price of $71.02 [5]. Dividend Yield - Coca-Cola offers a dividend yield of 2.9%, which is significantly higher than the S&P 500 index's yield of 1.3%, making it an attractive option for income-focused investors [6][7].