Tue, May 21, 2013, 3:28 AM EDT - U.S. Markets open in 6 hrs 2 mins
a small increase, maybe .02
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.
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.
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
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.
.02 is +7.8%, a very healthy increase and about what I expect.
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.