Current Yield
2.27%
TTM Dividend/Share
$2.40
Payment Frequency
Semi-Annual
Payout Ratio
32.8%
Consecutive Growth Years
6 (Dividend Challenger)
Key takeaways
- Dividend Challenger — Coca-Cola Europacific Partners (CCEP) has raised its dividend for 6 consecutive years.
- Coca-Cola Europacific Partners (CCEP) currently yields 2.27%, paying $2.40 per share over the trailing twelve months, distributed semi-annual.
- Payout ratio is 32.8% — the share of earnings distributed as dividends.
- 5 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 18.45%.
Dividend yield valuation for Coca-Cola Europacific Partners (CCEP)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Below average — potentially overvalued |
Current yield (now) | 2.27% |
1-year average yield | 2.53%now 0.26 pp below |
3-year average yield | 2.74%now 0.47 pp below |
5-year average yield | 2.86%now 0.59 pp below |
CCEP: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Coca-Cola Europacific Partners (CCEP)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 20.7% |
FCF payout ratio | 13.1% |
Net debt / EBITDA | 1.5x |
Interest coverage | 9.61x |
ROIC (TTM) | 19.0% |
Dividend safety score for Coca-Cola Europacific Partners (CCEP)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
5 of 8 checks passed
Payout ratio below 75%
Payout ratio is 32.8%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $2.6B — FCF fully covers the payout.
No dividend cuts in 10+ years
10 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 6 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 13.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.5x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (18.4%) exceeds EPS growth (1.6%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
143 payments from 1987 to 2026 · Adj. Dividend is split-adjusted
| May 15, 2026 | May 27, 2026 | $0.9534 | $0.9534 |
| Nov 14, 2025 | Dec 3, 2025 | $1.4516 | $1.4516 |
| May 16, 2025 | May 27, 2025 | $0.8801 | $0.8801 |
| Nov 15, 2024 | Dec 3, 2024 | $1.2958 | $1.2958 |
| May 9, 2024 | May 23, 2024 | $0.7900 | $0.7900 |
| Nov 16, 2023 | Dec 5, 2023 | $1.2300 | $1.2300 |
| May 11, 2023 | May 25, 2023 | $0.7313 | $0.7313 |
| Nov 17, 2022 | Dec 7, 2022 | $1.1100 | $1.1100 |
| May 12, 2022 | May 26, 2022 | $0.5900 | $0.5900 |
| Nov 18, 2021 | Dec 6, 2021 | $1.6200 | $1.6200 |
| Nov 16, 2020 | Dec 1, 2020 | $1.0000 | $1.0000 |
| Nov 18, 2019 | Dec 3, 2019 | $0.6900 | $0.6900 |
- May 15, 2026$0.9534
- Nov 14, 2025$1.4516
- May 16, 2025$0.8801
- Nov 15, 2024$1.2958
- May 9, 2024$0.7900
- Nov 16, 2023$1.2300
- May 11, 2023$0.7313
- Nov 17, 2022$1.1100
- May 12, 2022$0.5900
- Nov 18, 2021$1.6200
- Nov 16, 2020$1.0000
- Nov 18, 2019$0.6900
Historical dividend yield for Coca-Cola Europacific Partners (CCEP)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 2.53%5Y: 2.86%10Y: 2.66%
Dividend per share for Coca-Cola Europacific Partners (CCEP)
CAGR (per year)1Y: 11.79%5Y: 18.45%10Y: 7.61%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 1987 | $0.02 | 4 |
| 1988 | $0.02 | 4 |
| 1989 | $0.02 | 4 |
| 1990 | $0.02 | 4 |
| 1991 | $0.02 | 4 |
| 1992 | $0.02 | 4 |
| 1993 | $0.02 | 4 |
| 1994 | $0.02 | 4 |
| 1995 | $0.02 | 4 |
| 1996 | $0.03 | 4 |
| 1997 | $0.08 | 4 |
| 1998 | $0.14 | 4 |
| 1999 | $0.16 | 4 |
| 2000 | $0.16 | 4 |
| 2001 | $0.16 | 4 |
| 2002 | $0.16 | 4 |
| 2003 | $0.16 | 4 |
| 2004 | $0.16 | 4 |
| 2005 | $0.16 | 4 |
| 2006 | $0.24 | 4 |
| 2007 | $0.24 | 4 |
| 2008 | $0.28 | 4 |
| 2009 | $0.30 | 4 |
| 2010 | $10.39 | 5 |
| 2011 | $0.51 | 4 |
| 2012 | $0.64 | 4 |
| 2013 | $0.80 | 4 |
| 2014 | $1.00 | 4 |
| 2015 | $1.12 | 4 |
| 2016 | $15.47 | 5 |
| 2017 | $0.94 | 4 |
| 2018 | $1.25 | 4 |
| 2019 | $1.38 | 2 |
| 2020 | $1.00 | 1 |
| 2021 | $1.62 | 1 |
| 2022 | $1.70 | 2 |
| 2023 | $1.96 | 2 |
| 2024 | $2.09 | 2 |
| 2025 | $2.33 | 2 |
| 2026 | $0.95 | 1 |
Dividend growth for Coca-Cola Europacific Partners (CCEP)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $2.3317 | — | — |
| 2025 | $2.0858 | $2.3317 | +11.8% |
| 2024 | $1.9613 | $2.0858 | +6.3% |
| 2023 | $1.7000 | $1.9613 | +15.4% |
| 2022 | $1.6200 | $1.7000 | +4.9% |
| 2021 | $1.0000 | $1.6200 | +62.0% |
| 2020 | $1.3800 | $1.0000 | -27.5% |
| 2019 | $1.2500 | $1.3800 | +10.4% |
| 2018 | $0.9440 | $1.2500 | +32.4% |
| 2017 | $15.4680 | $0.9440 | -93.9% |
| 2016 | $1.1200 | $15.4680 | +1281.1% |
| 2015 | $1.0000 | $1.1200 | +12.0% |
| 2014 | $0.8000 | $1.0000 | +25.0% |
| 2013 | $0.6400 | $0.8000 | +25.0% |
| 2012 | $0.5100 | $0.6400 | +25.5% |
| 2011 | $10.3900 | $0.5100 | -95.1% |
| 2010 | $0.3000 | $10.3900 | +3363.3% |
| 2009 | $0.2800 | $0.3000 | +7.1% |
| 2008 | $0.2400 | $0.2800 | +16.7% |
| 2007 | $0.2400 | $0.2400 | 0.0% |
| 2006 | $0.1600 | $0.2400 | +50.0% |
| 2005 | $0.1600 | $0.1600 | 0.0% |
| 2004 | $0.1600 | $0.1600 | 0.0% |
| 2003 | $0.1600 | $0.1600 | 0.0% |
| 2002 | $0.1600 | $0.1600 | 0.0% |
| 2001 | $0.1600 | $0.1600 | 0.0% |
| 2000 | $0.1600 | $0.1600 | 0.0% |
| 1999 | $0.1450 | $0.1600 | +10.3% |
| 1998 | $0.0833 | $0.1450 | +74.0% |
| 1997 | $0.0333 | $0.0833 | +150.0% |
| 1996 | $0.0249 | $0.0333 | +33.9% |
| 1995 | $0.0160 | $0.0249 | +55.6% |
| 1994 | $0.0160 | $0.0160 | 0.0% |
| 1993 | $0.0160 | $0.0160 | 0.0% |
| 1992 | $0.0160 | $0.0160 | 0.0% |
| 1991 | $0.0160 | $0.0160 | 0.0% |
| 1990 | $0.0160 | $0.0160 | 0.0% |
| 1989 | $0.0160 | $0.0160 | 0.0% |
| 1988 | $0.0160 | $0.0160 | 0.0% |
| 1987 | — | $0.0160 | — |
- 2026—
- 2025$2.3317
- 2024$2.0858
- 2023$1.9613
- 2022$1.7000
- 2021$1.6200
- 2020$1.0000
- 2019$1.3800
- 2018$1.2500
- 2017$0.9440
- 2016$15.4680
- 2015$1.1200
- 2014$1.0000
- 2013$0.8000
- 2012$0.6400
- 2011$0.5100
- 2010$10.3900
- 2009$0.3000
- 2008$0.2800
- 2007$0.2400
- 2006$0.2400
- 2005$0.1600
- 2004$0.1600
- 2003$0.1600
- 2002$0.1600
- 2001$0.1600
- 2000$0.1600
- 1999$0.1600
- 1998$0.1450
- 1997$0.0833
- 1996$0.0333
- 1995$0.0249
- 1994$0.0160
- 1993$0.0160
- 1992$0.0160
- 1991$0.0160
- 1990$0.0160
- 1989$0.0160
- 1988$0.0160
- 1987$0.0160
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
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