Board of Directors of The Coca-Cola Company Announces 59th Consecutive Annual Dividend Increase
February 18 2021 - 12:35PM
Business Wire
Board Elects Stacy Apter as Vice President and
Treasurer
The Board of Directors of The Coca-Cola Company today approved
the company’s 59th consecutive annual dividend increase, raising
the quarterly dividend 2.4 percent from 41 cents to 42 cents per
common share.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210218005862/en/
Stacy Apter elected as vice president and
treasurer of The Coca-Cola Company. (Photo: Business Wire)
The quarterly dividend is equivalent to an annual dividend of
$1.68 per share, up from $1.64 per share in 2020. The first quarter
dividend is payable April 1 to shareowners of record as of March
15.
The company returned $7 billion in dividends to shareowners in
2020, bringing the total amount given back to shareowners through
dividends since Jan. 1, 2010, to $61.9 billion.
Officer election
The board also elected Stacy Apter as vice president and
treasurer, effective March 1. Apter, the first female treasurer of
the company, succeeds Christopher Nolan, who is retiring after more
than 11 years as treasurer. Nolan began his career at Coca-Cola in
1992.
Most recently, Apter served as chief of staff for Chairman and
CEO James Quincey. In that role, which she held for two years,
Apter helped drive the company’s reorganization efforts as well as
the company’s broader cultural transformation.
Apter joined Coca-Cola in 2005 and went on to hold a variety of
roles in treasury and global benefits, including as assistant
treasurer, where she led capital management, currency hedging, risk
and insurance, and benefits and investments functions.
Prior to Coca-Cola, Apter was a director with
PricewaterhouseCoopers.
Apter is a graduate, magna cum laude, of Sweet Briar
College.
About The Coca-Cola
Company
The Coca-Cola Company (NYSE: KO) is a total beverage company
with products sold in more than 200 countries and territories. Our
company’s purpose is to refresh the world and make a difference.
Our portfolio of brands includes Coca-Cola, Sprite, Fanta and other
sparkling soft drinks. Our hydration, sports, coffee and tea brands
include Dasani, smartwater, vitaminwater, Topo Chico, Powerade,
Costa, Georgia, Gold Peak, Honest and Ayataka. Our nutrition,
juice, dairy and plant-based beverage brands include Minute Maid,
Simply, innocent, Del Valle, fairlife and AdeS. We’re constantly
transforming our portfolio, from reducing sugar in our drinks to
bringing innovative new products to market. We seek to positively
impact people’s lives, communities and the planet through water
replenishment, packaging recycling, sustainable sourcing practices
and carbon emissions reductions across our value chain. Together
with our bottling partners, we employ more than 700,000 people,
helping bring economic opportunity to local communities worldwide.
Learn more at www.coca-colacompany.com and follow us on Twitter,
Instagram, Facebook and LinkedIn.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210218005862/en/
Investors and Analysts: Tim
Leveridge, koinvestorrelations@coca-cola.com Media: Scott Leith, sleith@coca-cola.com
Coca Cola (NYSE:KO)
Historical Stock Chart
From Mar 2024 to Apr 2024
Coca Cola (NYSE:KO)
Historical Stock Chart
From Apr 2023 to Apr 2024