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The Coca-Cola Company (KO) logo

The Coca-Cola Company

Dividend AristocratS&P 500
KO|Consumer Defensive|Beverages - Non-Alcoholic|$78.42|P/E 24.7|MCap 337.4B|NYSE

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

73/ 100Safe

KO's dividend appears safe and well-supported. Strengths include a 64.8% earnings payout ratio & 10.7x interest coverage. Areas of concern: 87.3% fcf payout ratio & 95.4% cfo payout ratio. As a Dividend Aristocrat with 25+ consecutive years of increases, KO has a proven commitment to shareholders.

Based on 15 of 15 metrics

Strengths

  • Interest Coverage: 10.7xEarnings cover interest payments many times over.
  • Return on Equity: 43.4%Strong return on equity reflects efficient profit generation.
  • Operating Margin: 35.0%Healthy operating margin provides a wide buffer.

Risks

  • CFO Payout Ratio: 95.4%Operating cash flow leaves little room for the payout.
  • FCF Payout Ratio: 87.3%Free cash flow is tight relative to the dividend.

Payout & Coverage

Caution
Earnings Payout Ratio
64.8%Safe
FCF Payout Ratio
87.3%Warning
CFO Payout Ratio
95.4%Danger
Interest Coverage
10.7xVery Safe

Balance Sheet

Caution
Net Debt / Total Assets
33.6%Caution
Current Ratio
1.4xCaution
Debt-to-Equity
124.9Safe

Profitability

Very Safe
Return on Equity
43.4%Very Safe
Operating Margin
35.0%Very Safe
Gross Margin
63.0%Very Safe
Profit Margin Stability
Very StableVery Safe

Dividend Track Record

Very Safe
Dividend Streak
Aristocrat (25+ yrs)Very Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
4.5%Caution
Earnings Stability
GrowingVery Safe

About The Coca-Cola Company

The Coca-Cola Company is the world’s largest nonalcoholic beverage company, founded in 1886 and headquartered in Atlanta. It manufactures and sells a diverse portfolio of over 200 brands spanning sparkling soft drinks like Coca-Cola, Diet Coke, and Coca-Cola Zero Sugar; waters; sports, coffee, and tea beverages; juices; value-added dairy; plant-based options; and other categories. The company also produces beverage concentrates, syrups, and fountain syrups supplied to retailers, restaurants, and convenience stores. Operating in more than 200 countries, with about two-thirds of revenue from international markets—particularly emerging economies in Latin America and Asia-Pacific—The Coca-Cola Company partners with bottlers and distributors to reach consumers through retail and food-service channels. As a leader in the consumer defensive sector, it maintains a strong global presence with approximately 69,700 employees, emphasizing brand power and category dominance in nonalcoholic beverages.

Dividend Overview

Dividend Yield

2.63%

Annual Dividend

$2.06

Frequency

Quarterly

Payout Ratio

64.78%

FCF Payout Ratio

87.33%

Stock Price

$78.42

52-Week Range

$65.35 $82.00

Dividend History (2016–2025)

KO annual dividend per share and yield history

Earnings & Profitability

KO earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

May 15, 2026

Next Payment Date

July 1, 2026

Dividend Growth

3-Year Dividend CAGR

5.04%

5-Year Dividend CAGR

4.46%

10-Year Dividend CAGR

4.45%

3-Year Total Growth

15.91%

5-Year Total Growth

24.39%

10-Year Total Growth

54.55%

Dividend Aristocrat (25+ yrs)

This company has increased its dividend for 25+ consecutive years.

Income Calculator

KO Dividend Calculator

Total Investment

$7,842.00

Annual Income

$206.00

Quarterly Income

$51.50

Monthly Income

$17.17

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The Coca-Cola Company (KO) logo
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Frequently Asked Questions

What is KO's current dividend yield?
The Coca-Cola Company (KO) currently has a dividend yield of 2.63%, based on a stock price of $78.42 and an annual dividend of $2.06.
When is KO's next dividend payment date?
KO's next ex-dividend date is 2026-05-15 and the next payment date is 2026-07-01. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does KO pay in dividends per year?
The Coca-Cola Company paid $2.04 per share in annual dividends in 2025. The dividends are paid quarterly.
Has KO been increasing its dividend?
Yes, The Coca-Cola Company is a Dividend Aristocrat (25+ yrs). Its dividend has grown at a 5-year CAGR of 4.46%, a 3-year CAGR of 5.04% and a 10-year CAGR of 4.45%.
Is KO's dividend safe?
The Coca-Cola Company has a payout ratio of 64.78%. Its free cash flow payout ratio is 87.33%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is KO's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates The Coca-Cola Company's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer defensive companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.