Coca-Cola (KO) Dividend History & Yield
Dividend ContenderCoca-Cola (KO) has increased its dividend for 24 consecutive years and currently yields 2.53%. The most recent dividend was $0.5300/share on Apr 1, 2026, paid Quarterly.
Current Yield
2.53%
TTM Dividend/Share
$2.06
Payment Frequency
Quarterly
Payout Ratio
64.8%
Consecutive Growth Years
24 (Dividend Contender)
Div Growth (1Y CAGR)
5.15%
Div Growth (5Y CAGR)
4.46%
Div Growth (10Y CAGR)
4.45%
KO: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
7.0%
FCF payout ratio
18.2%
Net debt / EBITDA
1.8x
Interest coverage
8.81x
ROIC (TTM)
19.3%
Dividend Safety Score
7 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 64.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($1.23) does not fully cover dividend/share ($2.06).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
24 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 18.2%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 1.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.5%) ≤ EPS growth (8.7%) — sustainable.
Per-payment dividend history
Ex-date Jun 15, 2026
- Payment date
- Jul 1, 2026
- Dividend
- $0.5300
- Adj. dividend
- $0.5300
Ex-date Mar 13, 2026
- Payment date
- Apr 1, 2026
- Dividend
- $0.5300
- Adj. dividend
- $0.5300
Ex-date Dec 1, 2025
- Payment date
- Dec 15, 2025
- Dividend
- $0.5100
- Adj. dividend
- $0.5100
Ex-date Sep 15, 2025
- Payment date
- Oct 1, 2025
- Dividend
- $0.5100
- Adj. dividend
- $0.5100
Ex-date Jun 13, 2025
- Payment date
- Jul 1, 2025
- Dividend
- $0.5100
- Adj. dividend
- $0.5100
Ex-date Mar 14, 2025
- Payment date
- Apr 1, 2025
- Dividend
- $0.5100
- Adj. dividend
- $0.5100
Ex-date Nov 29, 2024
- Payment date
- Dec 16, 2024
- Dividend
- $0.4850
- Adj. dividend
- $0.4850
Ex-date Sep 13, 2024
- Payment date
- Oct 1, 2024
- Dividend
- $0.4850
- Adj. dividend
- $0.4850
Ex-date Jun 14, 2024
- Payment date
- Jul 1, 2024
- Dividend
- $0.4850
- Adj. dividend
- $0.4850
Ex-date Mar 14, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $0.4850
- Adj. dividend
- $0.4850
Ex-date Nov 30, 2023
- Payment date
- Dec 15, 2023
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
Ex-date Sep 14, 2023
- Payment date
- Oct 2, 2023
- Dividend
- $0.4600
- Adj. dividend
- $0.4600
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Jun 15, 2026 | Jul 1, 2026 | $0.5300 | $0.5300 |
| Mar 13, 2026 | Apr 1, 2026 | $0.5300 | $0.5300 |
| Dec 1, 2025 | Dec 15, 2025 | $0.5100 | $0.5100 |
| Sep 15, 2025 | Oct 1, 2025 | $0.5100 | $0.5100 |
| Jun 13, 2025 | Jul 1, 2025 | $0.5100 | $0.5100 |
| Mar 14, 2025 | Apr 1, 2025 | $0.5100 | $0.5100 |
| Nov 29, 2024 | Dec 16, 2024 | $0.4850 | $0.4850 |
| Sep 13, 2024 | Oct 1, 2024 | $0.4850 | $0.4850 |
| Jun 14, 2024 | Jul 1, 2024 | $0.4850 | $0.4850 |
| Mar 14, 2024 | Apr 1, 2024 | $0.4850 | $0.4850 |
| Nov 30, 2023 | Dec 15, 2023 | $0.4600 | $0.4600 |
| Sep 14, 2023 | Oct 2, 2023 | $0.4600 | $0.4600 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Coca-Cola has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 24 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $2.0400 | — | — |
| 2025 | $1.9400 | $2.0400 | +5.2% |
| 2024 | $1.8400 | $1.9400 | +5.4% |
| 2023 | $1.7600 | $1.8400 | +4.5% |
| 2022 | $1.6800 | $1.7600 | +4.8% |
| 2021 | $1.6400 | $1.6800 | +2.4% |
| 2020 | $1.6000 | $1.6400 | +2.5% |
| 2019 | $1.5600 | $1.6000 | +2.6% |
| 2018 | $1.4800 | $1.5600 | +5.4% |
| 2017 | $1.4000 | $1.4800 | +5.7% |
| 2016 | $1.3200 | $1.4000 | +6.1% |
| 2015 | $1.2200 | $1.3200 | +8.2% |
| 2014 | $1.1200 | $1.2200 | +8.9% |
| 2013 | $1.0200 | $1.1200 | +9.8% |
| 2012 | $0.9400 | $1.0200 | +8.5% |
| 2011 | $0.8800 | $0.9400 | +6.8% |
| 2010 | $0.8200 | $0.8800 | +7.3% |
| 2009 | $0.7600 | $0.8200 | +7.9% |
| 2008 | $0.6800 | $0.7600 | +11.8% |
| 2007 | $0.6200 | $0.6800 | +9.7% |
| 2006 | $0.5600 | $0.6200 | +10.7% |
| 2005 | $0.5000 | $0.5600 | +12.0% |
| 2004 | $0.4400 | $0.5000 | +13.6% |
| 2003 | $0.4000 | $0.4400 | +10.0% |
| 2002 | $0.4500 | $0.4000 | -11.1% |
| 2001 | $0.3400 | $0.4500 | +32.4% |
| 2000 | $0.3200 | $0.3400 | +6.3% |
| 1999 | $0.3000 | $0.3200 | +6.7% |
| 1998 | $0.2800 | $0.3000 | +7.1% |
| 1997 | $0.2500 | $0.2800 | +12.0% |
| 1996 | $0.2200 | $0.2500 | +13.6% |
| 1995 | $0.1950 | $0.2200 | +12.8% |
| 1994 | $0.1700 | $0.1950 | +14.7% |
| 1993 | $0.1400 | $0.1700 | +21.4% |
| 1992 | $0.1200 | $0.1400 | +16.7% |
| 1991 | $0.1000 | $0.1200 | +20.0% |
| 1990 | $0.0850 | $0.1000 | +17.6% |
| 1989 | $0.0750 | $0.0850 | +13.3% |
| 1988 | $0.0700 | $0.0750 | +7.1% |
| 1987 | $0.0650 | $0.0700 | +7.7% |
| 1986 | $0.0617 | $0.0650 | +5.4% |
| 1985 | $0.0575 | $0.0617 | +7.2% |
| 1984 | $0.0558 | $0.0575 | +3.0% |
| 1983 | $0.0517 | $0.0558 | +8.1% |
| 1982 | $0.0483 | $0.0517 | +6.9% |
| 1981 | $0.0450 | $0.0483 | +7.4% |
| 1980 | $0.0408 | $0.0450 | +10.2% |
| 1979 | $0.0363 | $0.0408 | +12.6% |
| 1978 | $0.0321 | $0.0363 | +13.0% |
| 1977 | $0.0276 | $0.0321 | +16.3% |
| 1976 | $0.0240 | $0.0276 | +15.1% |
| 1975 | $0.0217 | $0.0240 | +10.5% |
| 1974 | $0.0188 | $0.0217 | +15.7% |
| 1973 | $0.0171 | $0.0188 | +9.8% |
| 1972 | $0.0165 | $0.0171 | +3.8% |
| 1971 | — | $0.0165 | — |
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.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Coca-Cola (KO) from the consolidated cash flow statement, in USD as filed.
Latest period
$10.97B
YoY change
+5.0%
5Y CAGR
+4.5%
Peak year (2025)
$8.78B
Latest annual
$8.78B
Cash dividends paid over time for Coca-Cola (KO)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Coca-Cola (KO)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $8.78B | +5.0% | +$420.00M | ||
| 2024 | $8.36B | +5.1% | +$407.00M | ||
| 2023 | $7.95B | +4.4% | +$336.00M | ||
| 2022 | $7.62B | +5.0% | +$364.00M | ||
| 2021 | $7.25B | +2.9% | +$205.00M | ||
| 2020 | $7.05B | +3.0% | +$202.00M | ||
| 2019 | $6.84B | +3.0% | +$201.00M | ||
| 2018 | $6.64B | +5.1% | +$324.00M | ||
| 2017 | $6.32B | +4.6% | +$277.00M | ||
| 2016 | $6.04B | +5.3% | +$302.00M | ||
| 2015 | $5.74B | +7.3% | +$391.00M | ||
| 2014 | $5.35B | +7.7% | +$381.00M | ||
| 2013 | $4.97B | +8.1% | +$374.00M | ||
| 2012 | $4.59B | +6.9% | +$295.00M | ||
| 2011 | $4.30B | +5.7% | +$232.00M | ||
| 2010 | $4.07B | +7.1% | +$268.00M | ||
| 2009 | $3.80B | +7.9% | +$279.00M | ||
| 2008 | $3.52B | +11.8% | +$372.00M | ||
| 2007 | $3.15B | +8.2% | +$238.00M | ||
| 2006 | $2.91B | +8.7% | +$233.00M | ||
| 2005 | $2.68B | +10.3% | +$249.00M | ||
| 2004 | $2.43B | +12.1% | +$263.00M | ||
| 2003 | $2.17B | +9.0% | +$179.00M | ||
| 2002 | $1.99B | +10.9% | +$196.00M | ||
| 2001 | $1.79B | +6.3% | +$106.00M | ||
| 2000 | $1.69B | +6.6% | +$105.00M | ||
| 1999 | $1.58B | +6.8% | +$100.00M | ||
| 1998 | $1.48B | +6.7% | +$93.00M | ||
| 1997 | $1.39B | +11.2% | +$140.00M | ||
| 1996 | $1.25B | +12.3% | +$137.00M | ||
| 1995 | $1.11B | +10.3% | +$104.00M | ||
| 1994 | $1.01B | +13.9% | +$123.00M | ||
| 1993 | $883.00M | +19.6% | +$145.00M | ||
| 1992 | $738.00M | +15.3% | +$97.90M | ||
| 1991 | $640.10M | +15.8% | +$87.50M | ||
| 1990 | $552.60M | +12.6% | +$61.90M | ||
| 1989 | $490.70M | — | — |
The 2025 reading of Coca-Cola (KO) dividends paid is $8.78B – grew 5.0% year-over-year.
Coca-Cola dividends paid has grown for 36 consecutive years, with a +4.5% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum dividends paid sits at $8.78B (2025); the minimum reading of $490.70M dates to 1989.
Coca-Cola (KO) sits 2nd of 8 Consumer Defensive peers we track on this metric, against a peer median of $7.23B.
Coca-Cola Dividends Paid 2025: $8.78B
Coca-Cola dividends paid in 2025 was $8.78B, grew 5.0% from 2024. This figure represents the highest annual value in the available history.
Coca-Cola Dividends Paid 2024: $8.36B
Coca-Cola dividends paid in 2024 was $8.36B, grew 5.1% from 2023.
Coca-Cola Dividends Paid 2023: $7.95B
Coca-Cola dividends paid in 2023 was $7.95B, edged up 4.4% from 2022.
Coca-Cola Dividends Paid 2022: $7.62B
Coca-Cola dividends paid in 2022 was $7.62B, grew 5.0% from 2021.
Coca-Cola Dividends Paid 2021: $7.25B
Coca-Cola dividends paid in 2021 was $7.25B.
See more financial history for Coca-Cola (KO).
Sector peers by dividends paid
Companies in the same sector as Coca-Cola, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Procter & Gamble (PG) | $9.87B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Walmart (WMT) | $7.51B | Consumer Defensive |
| Altria Group (MO) | $6.96B | Consumer Defensive |
| Mondelez International (MDLZ) | $2.49B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does Coca-Cola pay dividends?
Yes, Coca-Cola (KO) pays quarterly dividends of approximately $2.06 per share annually, yielding 2.53%.
What is Coca-Cola's dividend yield?
Coca-Cola (KO) has a current dividend yield of 2.53%.
Is Coca-Cola's dividend safe?
Coca-Cola (KO) passes 7 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Coca-Cola increased its dividend?
Coca-Cola (KO) has 24 consecutive years of dividend increases.
What is Coca-Cola's dividend payout ratio?
Coca-Cola (KO) has a dividend payout ratio of 64.8%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Coca-Cola's dividends paid?
Latest reported dividends paid for Coca-Cola (KO) is $10.97B (period ending April 3, 2026).
How has Coca-Cola dividends paid changed year-over-year?
Coca-Cola (KO) dividends paid changed +5.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Coca-Cola dividends paid?
Coca-Cola (KO) dividends paid compound annual growth rate is +4.5% over the most recent 5 years available.
When did Coca-Cola dividends paid hit its highest annual value?
Coca-Cola dividends paid reached its highest annual value of $8.78B in 2025.
What was Coca-Cola dividends paid in 2024?
Coca-Cola (KO) dividends paid in 2024 was $8.36B.
What was Coca-Cola dividends paid in 2025?
Coca-Cola (KO) dividends paid in 2025 was $8.78B.
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