Friday, February 17, 2012

Coke Increases Dividend for 50th Straight Year!

All I can say is wow.  50 consecutive years.  Coke recently announced it has increased its dividend by 8.5% a fantastic increase indeed.  Based on the new annual payout of $2.04 per share, KO is rocking a 55% payout ratio, and a current yield of around 2.97%. 

Note to self: buy more KO.

Nothing else needs to be said about this company or its history. 

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