The Coca-Cola Company

KO55 yrs growth

Consumer Defensive · Beverages - Non-Alcoholic · Stock · quarterly payer

$93.90

Overvalued · -50% Add to Portfolio

Forward Yield

2.26%

Annual Dividend

$2.12

Payout Ratio

62%

5-Yr Growth

4.5%

Ex-Date

Dec 1, 2026

Frequency

Quarterly

Key facts about KO's dividend

Data as of Oct 19, 2026 · Source: SmarterDividends data

As of Oct 19, 2026, The Coca-Cola Company (KO) has a forward dividend yield of 2.26%, based on an annual dividend of $2.12 per share and a share price of $93.90.
As of Oct 19, 2026, KO's dividend safety grade from SmarterDividends is A (92 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, The Coca-Cola Company (KO) has raised its dividend for 55 consecutive years as of Oct 19, 2026, which makes it a Dividend King. The company's own count can be longer, because SmarterDividends' payment records for most companies begin around 1970.
KO has never cut its regular dividend in the payment history SmarterDividends has on record.
KO's next ex-dividend date is Dec 1, 2026, with payment on Dec 15, 2026. Shares must be owned before that date to receive the dividend.
As of Oct 19, 2026, KO pays out 62% of its trailing 12-month earnings as dividends (its payout ratio).
KO's dividend has grown at an average rate of 4.5% a year over the past five years.
As of Oct 19, 2026, KO's 2.26% yield is 24% below its five-year average yield of 2.99%.
As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for KO is $47.18 per share, 50% below the $93.90 share price, so KO screens as overvalued.
The Coca-Cola Company (KO) pays its dividend quarterly, 4 times a year.
The Coca-Cola Company (KO) has raised its regular dividend 58 times and cut it 0 times across the 227 payments on record since 1970. Its most recent change was a 3.9% increase to $0.530 per share, going ex-dividend on Mar 13, 2026.
Coca-Cola (KO) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 3.9%, was declared on Feb 19, 2026.

Cite this page

SmarterDividends, "KO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/KO

Summary

As of Oct 19, 2026, The Coca-Cola Company (KO) yields 2.26% ($2.12 a year per share), has a dividend safety grade of A (92/100) and has 55 consecutive years of dividend increases on record.

Is KO a good dividend stock?

Yes

The Coca-Cola Company (KO) pays a quarterly dividend yielding 2.26% ($2.12/yr), with 55 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Dividend King — 55 straight years of increases
Never cut its dividend on record
79% total price return over 5 years
Top-tier dividend safety score

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 2.26%
Payout Ratio: 62%
Annual Dividend: $2.12
5-Yr Avg Growth: 4.5%
Ex-Dividend Date: Dec 1, 2026
Years of Growth: 55
Frequency: quarterly
Beta: 0.32
Market Cap: $404.0B
P/E Ratio: 28.2
5-Yr Total Return: 79%
52-Week Range: $67.27 – $94.10
Dividend Safety: A · 92/100
Ever Cut?: No

KO dividend raises and cuts

The Coca-Cola Company (KO) has raised its regular dividend 58 times and cut it 0 times across the 227 payments on record since 1970. Its most recent change was a 3.9% increase to $0.530 per share, going ex-dividend on Mar 13, 2026.

Ex-date	Change	Old → new	Move
Mar 13, 2026	Raise	$0.510 → $0.530	+3.9%
Mar 14, 2025	Raise	$0.485 → $0.510	+5.2%
Mar 14, 2024	Raise	$0.460 → $0.485	+5.4%
Mar 16, 2023	Raise	$0.440 → $0.460	+4.5%
Mar 14, 2022	Raise	$0.420 → $0.440	+4.8%
Mar 12, 2021	Raise	$0.410 → $0.420	+2.4%
Mar 13, 2020	Raise	$0.400 → $0.410	+2.5%
Mar 14, 2019	Raise	$0.390 → $0.400	+2.6%
Mar 14, 2018	Raise	$0.370 → $0.390	+5.4%
Mar 13, 2017	Raise	$0.350 → $0.370	+5.7%
Mar 11, 2016	Raise	$0.330 → $0.350	+6.1%
Mar 12, 2015	Raise	$0.305 → $0.330	+8.2%

Show all 58 changes since 1971

Ex-date	Change	Old → new	Move
Mar 12, 2014	Raise	$0.280 → $0.305	+8.9%
Mar 13, 2013	Raise	$0.255 → $0.280	+9.8%
Mar 13, 2012	Raise	$0.235 → $0.255	+8.5%
Mar 11, 2011	Raise	$0.220 → $0.235	+6.8%
Mar 11, 2010	Raise	$0.205 → $0.220	+7.3%
Mar 11, 2009	Raise	$0.190 → $0.205	+7.9%
Mar 12, 2008	Raise	$0.170 → $0.190	+11.8%
Mar 13, 2007	Raise	$0.155 → $0.170	+9.7%
Mar 13, 2006	Raise	$0.140 → $0.155	+10.7%
Mar 11, 2005	Raise	$0.125 → $0.140	+12.0%
Mar 11, 2004	Raise	$0.110 → $0.125	+13.6%
Mar 12, 2003	Raise	$0.100 → $0.110	+10.0%
Mar 13, 2002	Raise	$0.0900 → $0.100	+11.1%
Mar 13, 2001	Raise	$0.0850 → $0.0900	+5.9%
Mar 13, 2000	Raise	$0.0800 → $0.0850	+6.3%
Mar 11, 1999	Raise	$0.0750 → $0.0800	+6.7%
Mar 11, 1998	Raise	$0.0700 → $0.0750	+7.1%
Mar 12, 1997	Raise	$0.0625 → $0.0700	+12.0%
Mar 13, 1996	Raise	$0.0550 → $0.0625	+13.6%
Mar 9, 1995	Raise	$0.0488 → $0.0550	+12.8%
Mar 9, 1994	Raise	$0.0425 → $0.0488	+14.7%
Mar 9, 1993	Raise	$0.0350 → $0.0425	+21.4%
Mar 9, 1992	Raise	$0.0300 → $0.0350	+16.7%
Mar 11, 1991	Raise	$0.0250 → $0.0300	+20.0%
Mar 9, 1990	Raise	$0.0213 → $0.0250	+17.6%
Mar 9, 1989	Raise	$0.0188 → $0.0213	+13.3%
Mar 9, 1988	Raise	$0.0175 → $0.0188	+7.1%
Mar 10, 1987	Raise	$0.0163 → $0.0175	+7.7%
Mar 10, 1986	Raise	$0.0154 → $0.0163	+5.4%
Mar 11, 1985	Raise	$0.0144 → $0.0154	+7.2%
Mar 9, 1984	Raise	$0.0140 → $0.0144	+3.0%
Mar 9, 1983	Raise	$0.0129 → $0.0140	+8.1%
Mar 9, 1982	Raise	$0.0121 → $0.0129	+6.9%
Mar 10, 1981	Raise	$0.0113 → $0.0121	+7.4%
Mar 11, 1980	Raise	$0.0102 → $0.0113	+10.2%
Mar 13, 1979	Raise	$0.0091 → $0.0102	+12.6%
Mar 10, 1978	Raise	$0.0080 → $0.0091	+13.0%
Mar 10, 1977	Raise	$0.0069 → $0.0080	+16.3%
Mar 11, 1976	Raise	$0.0060 → $0.0069	+15.1%
Mar 11, 1975	Raise	$0.0056 → $0.0060	+7.9%
Sep 10, 1974	Raise	$0.0053 → $0.0056	+4.9%
Mar 8, 1974	Raise	$0.0049 → $0.0053	+7.0%
Sep 10, 1973	Raise	$0.0044 → $0.0049	+11.8%
Mar 12, 1973	Raise	$0.0043 → $0.0044	+3.7%
Mar 10, 1972	Raise	$0.0041 → $0.0043	+3.8%
Mar 8, 1971	Raise	$0.0038 → $0.0041	+9.7%

Every KO payment →Download every raise and cut (CSV)

KO ex-dividend date & scheduleNext ex-date Dec 1, 2026 · full ex-dividend historyView →KO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is KO a good dividend stock?

Yes. The Coca-Cola Company (KO) pays a quarterly dividend yielding 2.26% ($2.12/yr), with 55 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is KO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, KO's fair value is about $47.18 versus a $93.90 share price — so it looks overvalued (-50% vs. fair value).

Is KO's dividend safe?

KO has a dividend-safety grade of A (92/100), based on its payout coverage, free-cash-flow, 55-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is KO's fair value?

Our blended fair-value estimate for KO is about $47.18 per share, about 50% below the current $93.90 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is KO a buy, hold, or sell?

We don't issue formal ratings, but on the data KO screens as "yes" and overvalued. The Coca-Cola Company (KO) pays a quarterly dividend yielding 2.26% ($2.12/yr), with 55 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will KO cut its dividend?

KO earns a dividend-safety grade of A (92/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does KO pay a dividend?

Yes. The Coca-Cola Company pays a quarterly dividend of about $2.12 per share annually, a forward yield of roughly 2.26%.

What is KO's dividend yield?

As of Oct 19, 2026, KO's forward dividend yield is 2.26%, based on a $2.12 annual dividend and a $93.90 share price.

What is KO's dividend per share?

As of Oct 19, 2026, KO pays $2.12 per share per year, distributed on a quarterly basis.

What is KO's dividend payout ratio?

As of Oct 19, 2026, KO's payout ratio is 62% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has KO grown its dividend?

As of Oct 19, 2026, KO has increased its dividend for 55 consecutive years.

When is the next KO ex-dividend date?

As of Oct 19, 2026, the next ex-dividend date on record for KO is Dec 1, 2026.

Dividend Growth

Total dividends per share by year

Dividend History

Full KO dividend history →

Ex-Date	Pay Date	Amount	Type
Sep 15, 2026	Oct 1, 2026	$0.5300	regular
Jun 15, 2026	Jul 1, 2026	$0.5300	regular
Mar 13, 2026	Apr 1, 2026	$0.5300	regular
Dec 1, 2025	Dec 15, 2025	$0.5100	regular
Sep 15, 2025	Oct 1, 2025	$0.5100	regular
Jun 13, 2025	Jul 1, 2025	$0.5100	regular
Mar 14, 2025	Apr 1, 2025	$0.5100	regular
Nov 29, 2024	Dec 16, 2024	$0.4850	regular
Sep 13, 2024	Oct 1, 2024	$0.4850	regular
Jun 14, 2024	Jul 1, 2024	$0.4850	regular
Mar 14, 2024	Apr 1, 2024	$0.4850	regular
Nov 30, 2023	Dec 15, 2023	$0.4600	regular
Sep 14, 2023	Oct 2, 2023	$0.4600	regular
Jun 15, 2023	Jul 3, 2023	$0.4600	regular