Coca-Cola's 2024 Dividend Payout Insights

Reported 25 days ago

Coca-Cola is poised to continue its impressive 62-year tradition of increasing dividends, buoyed by strong earnings and a robust demand for its products. The company reported a 15% revenue growth in Q2, primarily from higher prices, with current quarterly dividends set at $0.485 per share, yielding 2.73%. Analysts predict annual earnings per share of $2.59, resulting in a 75% payout ratio. Despite its favorable position, Coca-Cola is not among the top stock recommendations from The Motley Fool's analysts at this time.

Source: YAHOO

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