Coca-Cola (KO)

The Board of Directors of The Coca-Cola Company today approved the Company's 48th consecutive annual dividend increase, raising the quarterly dividend approximately 7 percent from 41 cents to 44 cents per common share. This is equivalent to an annual dividend of $1.76 per share, up from $1.64 per share in 2009. The first quarterly dividend is payable April 1, 2010, to shareowners of record as of March 15, 2010.
The increase reflects the Board's confidence in the Company's long-term cash flow. The Company returned $5.3 billion to shareowners in 2009, through $3.8 billion in dividends and $1.5 billion in share repurchases.

Feb 18 · 12:25:00 PM · Source: Company Press Release
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by Rich Pike