Coca-Cola Raises Dividend for 64th Consecutive Year; Elects Todd Beiger as New VP
Coca-ColaCoca-Cola(US:KO) Stock Market News·2026-02-19 19:38

Core Insights - The Coca-Cola Company has approved a 3.9% increase in its quarterly dividend, raising it from 51 cents to 53 cents per share, marking the 64th consecutive annual dividend increase [2][9] - The new annualized dividend is $2.12 per share, up from $2.04 per share in 2025, providing a yield of approximately 2.7% based on current market prices [3][9] - The company returned $8.8 billion in dividends to shareholders in 2025, demonstrating its strong cash flow and commitment to shareholder returns [6][9] Leadership Changes - Todd Beiger has been elected as Vice President and Head of Investor Relations, effective March 31, 2026, succeeding Robin Halpern [4][9] - Beiger has 25 years of experience with the company and currently serves as Chief Financial Officer for Costa Limited, a part of Coca-Cola's European operations [5] - Henrique Braun is set to succeed James Quincey as CEO on March 31, 2026, with Quincey remaining as Executive Chairman to ensure a smooth transition [7]

Coca-Cola Raises Dividend for 64th Consecutive Year; Elects Todd Beiger as New VP - Reportify