Does Coca-Cola pay monthly dividends? (2024)

Does Coca-Cola pay monthly dividends?

The Coca-Cola Company ( KO ) pays dividends on a quarterly basis. The Coca-Cola Company ( KO ) has increased its dividends for 52 consecutive years.

The Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.

Shares can be purchased through a Direct Stock Purchase and Dividend Reinvestment Plan sponsored and administered by Computershare Trust Company, N.A. Details about the Computershare Investment Plan, including any fees associated with the Plan, can be viewed and printed from Computershare's website.

Is Coca-Cola stock a Buy, Sell or Hold? Coca-Cola stock has received a consensus rating of buy. The average rating score is A1 and is based on 38 buy ratings, 9 hold ratings, and 0 sell ratings.

Dividends can be classified either as ordinary or qualified. Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates.

Is Coca-Cola dividend worth it?

Indeed, Coca-Cola has an exceptional track record of consistently increasing its dividend for the past 62 years. Its dividend has increased from 40 cents per share in 2002 to $1.76 per share in 2022, with an annual compounded growth rate of nearly 7.67%.

To figure out how to earn $500 monthly from Coca-Cola dividends, we start with the yearly target of $6,000 ($500 x 12 months). So, an investor would need to own approximately $194,225 worth of Coca-Cola, or 3,261 shares to generate a monthly dividend income of $500.

If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.

Monthly dividend stocks can provide predictable income and make budgeting easy since they pay dividends every month of the year. While most companies pay dividends quarterly, there are 80 stocks that pay dividends monthly. And many of them have high dividend yields above 7%.

Dividend yield of at least 2.7%.

Investors looking for monthly dividend income are likely looking for a yield that is substantially higher than the market average. Stocks with a dividend yield of 2.7% or higher have payouts that are more than a percentage point higher than the S&P 500 average yield of 1.64%.

Will Coca-Cola stock split? Coca-Cola didn't have an upcoming stock split on the docket as of mid-2023. However, the company has completed several stock splits throughout its history.

The highest analyst price target is $70.00 ,the lowest forecast is $58.00. The average price target represents 10.57% Increase from the current price of $59.51. Coca-Cola's analyst rating consensus is a Moderate Buy. This is based on the ratings of 15 Wall Streets Analysts.

CocaCola Company (The) - Hold

Valuation metrics show that CocaCola Company (The) may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of KO, demonstrate its potential to underperform the market. It currently has a Growth Score of C.

The ex-dividend date is the first day the stock trades without its dividend, thus ex-dividend. If you want to get the dividend payment, you need to own the stock by this day. That means you have to buy before the end of the day before the ex-dividend date to get the next dividend. In other words, it's the cut-off date.

Can you live off dividends tax free?

Key Takeaways. Your “qualified” dividends may be taxed at 0% if your taxable income falls below $44,625 (if single or Married Filing Separately), $59,750 (if Head of Household), or $89,250 (if (Married Filing Jointly or qualifying widow/widower) (tax year 2023).

You may be able to avoid all income taxes on dividends if your income is low enough to qualify for zero capital gains if you invest in a Roth retirement account or buy dividend stocks in a tax-advantaged education account.

Creating a diversified portfolio, understanding the implications of dividend reinvestment plans (DRIPs) and being aware of tax efficiency are vital steps in maximizing dividend income while minimizing risks. The dream of living off dividends is attainable with the right financial planning and investment strategy.

Dividend Yield

Apple's annual dividend in 2021 was $0.88 ($0.22 paid quarterly). Based on Apple's stock price as of March 1, 2022 of around $163 per share, the dividend yield is approximately 0.50%.