How Much Will Coca-Cola Pay in Dividends This Year?

Core Insights - Coca-Cola has a long-standing history of increasing dividends, having raised its dividend for 62 consecutive years, showcasing its commitment to shareholder returns even during economic downturns [1][2] - The company reported $46 billion in trailing-12-month sales, maintaining sales growth and robust profits despite inflationary pressures, which supports its ability to sustain dividends [2][3] Dividend Performance - In February, Coca-Cola raised its quarterly dividend by 5.4% to $0.485 per share, translating to an annual dividend of $1.94, resulting in a dividend yield of 3.1%, significantly higher than the average S&P 500 yield [2] - The total dividend payout for 2023 was $8 billion, with a payout ratio of 74%, indicating a strong commitment to returning value to shareholders [2][3] Future Outlook - Management is optimistic about increased sales and profits in 2024, indicating no imminent threat to the dividend despite ongoing economic pressures [3] - With approximately 4.3 billion shares outstanding, the expected total dividend payments for the year will be nearly $8.4 billion, reinforcing the reliability of Coca-Cola's dividend stream for shareholders [3]