Coca-Cola Europacific Partners PLC
CCEPConsumer Defensive · Stock · semiannual payer
Forward Yield
2.29%
Annual Dividend
$2.41
Payout Ratio
48%
5-Yr Growth
3.1%
Ex-Date
May 15, 2026
Frequency
Semiannual
Summary
As of July 2026, Coca-Cola Europacific Partners PLC (CCEP) yields 2.29% ($2.41 per share annually), with a blended fair-value estimate of $113.53 — +8% upside, so it screens as fairly valued. Dividend safety grade: C (57/100). 3 years of dividend growth.
Is CCEP a good dividend stock?
MixedCoca-Cola Europacific Partners PLC (CCEP) pays a semiannual dividend yielding 2.29% ($2.41/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (48%)
- 82% total price return over 5 years
Risks
- Cut its dividend in 2017
Key Data
- Dividend Yield
- 2.29%
- Payout Ratio
- 48%
- Annual Dividend
- $2.41
- 5-Yr Avg Growth
- 3.1%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 3
- Frequency
- semiannual
- Beta
- 0.47
- Market Cap
- $47.0B
- P/E Ratio
- 21.7
- 5-Yr Total Return
- 82%
- 52-Week Range
- $84.66 – $110.90
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2017)
Frequently Asked Questions
CCEP Price — Last 12 Months
Daily close
Price Return
1 Year
+18%
3 Years
+64%
5 Years
+82%
52-Week Range
$84.66 – $110.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is CCEP worth?
Fairly valuedhigh confidenceOur blended fair-value estimate for Coca-Cola Europacific Partners PLC is $113.53 per share, versus a market price of $105.18. That implies the stock is roughly fairly priced.
Fair Value
$113.53
Current Price
$105.18
Gap
+8%
Margin of Safety
7%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 5.1% annual free-cash-flow growth. We model 9.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 9.7% stage-1 growth, 2.5% terminal growth, $4.85 EPS, $2.41 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
CCEP Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.9600 | regular |
| Nov 14, 2025 | — | $1.4300 | regular |
| May 16, 2025 | — | $0.9000 | regular |
| Nov 15, 2024 | — | $1.3400 | regular |
| May 9, 2024 | — | $0.7900 | regular |
| Nov 16, 2023 | — | $1.2300 | regular |
| May 11, 2023 | — | $0.7400 | regular |
| Nov 17, 2022 | — | $1.1100 | regular |
| May 12, 2022 | — | $0.5900 | regular |
| Nov 18, 2021 | — | $1.6200 | regular |
| Nov 16, 2020 | — | $1.0000 | regular |
| Nov 18, 2019 | — | $0.6900 | regular |
| May 23, 2019 | — | $0.6900 | regular |
| Nov 8, 2018 | — | $0.3200 | regular |
Income Calculator
At $2.41 / yr per share
