Polliesdividend

DIVIDEND INCREASE THE COCA COLA COMPANY (KO)

Today KO announced a 6.1% increase in its quarterly dividend. This is the 54th consecutive year of dividend increases. The dividend is raised from $0.33 to $0.35. The dividend pay date is April 1, 2016 to shareholders of record on March 15, 2016 (ex dividend March 11, 2016).

The new dividend amount represents an annualized dividend amount of $1.40 per share, up from $1.32. The dividend yield on current price is 3.22 %.

My Vrijheid Fonds consist of 80 shares of KO, so my annual dividends will increase by $5.44 (after taxes).

My projected annual total amount from my shares of KO will be $95.20 after taxes.

This is the 7th dividend increase in 2016 in my Vrijheid Fonds. An extra step in my journey to FI. With this post I share my happiness! So let’s open a coke can.

Open Happiness!

Cheers,

Pollie

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6 thoughts on “DIVIDEND INCREASE THE COCA COLA COMPANY (KO)

  1. Dividend for Starters

    Hey Pollie,

    That’s great news! After T, OHI, ADM, WMT & TROW, this is my 6th raise of the year as well!

    Do you have some sneaky reminder tool that notifies you whenever a stock in your portfolio raises their dividends? It is not the first time you bring me news about my portfolio, before I read it myself.. πŸ™‚ It’s not a bad thing! Just wondering if you are looking at SeekingAlpha all day long, haha.

    Best wishes, DfS

    1. Polliesdividend Post author

      Hello DfS,
      No i’m not looking at seeking alpha all day πŸ˜€
      I have set up a kind of time table for my Vrijheid Fonds, to indicate when a raise is due.
      And of course through SA I also get lots of information.
      And Twitter helps tooπŸ˜€

      Congrats on your 6th raise!

      Cheers,

      Pollie

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