The Board of Directors of The Coca-Cola Company Announces 55th Consecutive Annual Dividend Increase
February 16 2017 - 11:00AM
Business Wire
Increases Annual Dividend to $1.48 Per
Share
The Board of Directors of The Coca-Cola Company today approved
the company's 55th consecutive annual dividend increase, raising
the quarterly dividend 6 percent from 35 cents to 37 cents per
common share. This is equivalent to an annual dividend of $1.48 per
share, up from $1.40 per share in 2016. The first quarterly
dividend is payable April 3, 2017, to shareowners of record as of
March 15, 2017.
The increase reflects the Board's confidence in the company's
long-term cash flow. The Coca-Cola Company returned $6 billion in
dividends to shareowners in 2016, bringing to $35 billion the total
amount given back to shareowners through dividends since Jan. 1,
2010.
About The Coca-Cola
Company
The Coca-Cola Company (NYSE: KO) is the world's largest beverage
company, refreshing consumers with more than 500 sparkling and
still brands and more than 3,800 beverage choices. Led by
Coca-Cola, one of the world's most valuable and recognizable
brands, our company’s portfolio features 20 billion-dollar brands,
18 of which are available in reduced-, low- or no-calorie options.
Our billion-dollar brands include Diet Coke, Coca-Cola Zero, Fanta,
Sprite, Dasani, vitaminwater, Powerade, Minute Maid, Simply, Del
Valle, Georgia and Gold Peak. Through the world's largest beverage
distribution system, we are the No. 1 provider of both sparkling
and still beverages. More than 1.9 billion servings of our
beverages are enjoyed by consumers in more than 200 countries each
day. With an enduring commitment to building sustainable
communities, our company is focused on initiatives that reduce our
environmental footprint, create a safe, inclusive work environment
for our associates, and enhance the economic development of the
communities where we operate. Together with our bottling partners,
we rank among the world's top 10 private employers with more than
700,000 system associates. For more information, visit Coca-Cola
Journey at www.coca-colacompany.com, follow us on Twitter at
twitter.com/CocaColaCo, visit our blog, Coca-Cola Unbottled, at
www.coca-colablog.com or find us on LinkedIn at
www.linkedin.com/company/the-coca-cola- company.
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version on businesswire.com: http://www.businesswire.com/news/home/20170216005853/en/
The Coca-Cola CompanyMedia:Kent Landers,
404-676-2683orInvestors and Analysts:Tim Leveridge,
404-676-7563
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