Coca-Cola Company (The)
KO55 yrs growthConsumer Defensive · Stock · quarterly payer
Forward Yield
2.44%
Annual Dividend
$2.12
Payout Ratio
62%
5-Yr Growth
4.5%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of August 2026, Coca-Cola Company (The) (KO) yields 2.44% ($2.12 per share annually), with a blended fair-value estimate of $53.06 — -39% downside, so it screens as overvalued. Dividend safety grade: A (92/100). 55 years of dividend growth.
Is KO a good dividend stock?
YesCoca-Cola Company (The) (KO) pays a quarterly dividend yielding 2.44% ($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
- 55% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.44%
- Payout Ratio
- 62%
- Annual Dividend
- $2.12
- 5-Yr Avg Growth
- 4.5%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 55
- Frequency
- quarterly
- Beta
- 0.34
- Market Cap
- $372.1B
- P/E Ratio
- 26.1
- 5-Yr Total Return
- 55%
- 52-Week Range
- $65.35 – $90.92
- Dividend Safety
- A · 92/100
- Ever Cut?
- No
Frequently Asked Questions
KO Price — Last 12 Months
Daily close
Price Return
1 Year
+26%
3 Years
+45%
5 Years
+55%
52-Week Range
$65.35 – $90.92
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is KO worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Coca-Cola Company (The) is $53.06 per share, versus a market price of $87.05. That implies 39% of downside.
Fair Value
$53.06
Current Price
$87.05
Downside
-39%
Margin of Safety
-64%
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 40.0% annual free-cash-flow growth. We model 7.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), 7.6% stage-1 growth, 2.5% terminal growth, $3.33 EPS, $2.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
KO Dividend Safety Score
Very Safe
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 |
|---|---|---|---|
| Jun 15, 2026 | — | $0.5300 | regular |
| Mar 13, 2026 | — | $0.5300 | regular |
| Dec 1, 2025 | — | $0.5100 | regular |
| Sep 15, 2025 | — | $0.5100 | regular |
| Jun 13, 2025 | — | $0.5100 | regular |
| Mar 14, 2025 | — | $0.5100 | regular |
| Nov 29, 2024 | — | $0.4850 | regular |
| Sep 13, 2024 | — | $0.4850 | regular |
| Jun 14, 2024 | — | $0.4850 | regular |
| Mar 14, 2024 | — | $0.4850 | regular |
| Nov 30, 2023 | — | $0.4600 | regular |
| Sep 14, 2023 | — | $0.4600 | regular |
| Jun 15, 2023 | — | $0.4600 | regular |
| Mar 16, 2023 | — | $0.4600 | regular |
Income Calculator
At $2.12 / yr per share
