The Coca-Cola Company Message Board
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I know divi is about March 13, but when will they likely announce, expecting
a small increase, maybe .02
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The company board raised the first quarterly dividend from 25.5 cents per share to 28 cents, payable April 1st to shareowners of record as of March 15th.
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The 5 yr divy increase average is about 8.5%, which would be a little over .02, so .02 to .03 is a good guess, maybe .025 to make the quarterly dividend an non-fractional number.
- 2 Replies to investor_wizard
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Good guess
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BINGO The Board of Directors of The Coca-Cola Company today approved the Company's 51st consecutive annual dividend increase, raising the quarterly dividend 10 percent from 25.5 cents to 28 cents per common share
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The last 6 announcements have been on the 3rd Thursday in February. This year, that will be tomorrow if they're consistent. I have no idea on the amount but .02 would be consistent with past actions.
Sentiment: Buy
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.02 is +7.8%, a very healthy increase and about what I expect.
- 1 Reply to redmia0514
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That's exactly the amount I think they will announce, although I can't say I have any strong evidence on which to base my assumption. That would be a nice increase.
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