Coca-Cola Raises Dividend to 46 Cents a Share
February 16 2023 - 12:28PM
Dow Jones News
By Kathryn Hardison
Coca-Cola Co.'s board of directors raised its quarterly dividend
to 46 cents a share from 44 cents a share.
The new dividend, which represents a 4.6% increase, is payable
April 3 to shareowners of record as of March 17, the beverage
company said Thursday.
The new payout, equal to $1.84 a year, represents an annual
yield of roughly 3.1% based on Wednesday's closing price of
$59.59.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
February 16, 2023 13:13 ET (18:13 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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