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Coca-Cola Raises Dividend And Reinforces Income Stability
The Coca-Cola Company announced its 64th consecutive annual dividend increase of 3.9%, raising the quarterly payout from $0.51 to $0.53. This increase, with shares trading near $75.71 on March 27, results in a forward yield of approximately 2.68% and signals the company’s steady cash flow and appeal to income investors. The ex-dividend date is March 13 with payout on April 1.