Yesterday the Board of Directors of The Coca-Cola Company
announced a quarterly dividend increase of from $ 0.39 to $ 0.40 per share
that’s payable April 1, 2019 to holders of record March 15, 2019. This
represents a 2.56% increase to regular quarterly dividends.
The board authorized a new share repurchase program for
150 million additional shares of the company’s common stock. The program will
take effect at the conclusion of the company’s current program.
With current price $45.86 (yesterday's close), this raise
brings their dividend yield to 3.49%.
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