CocaCola Company (The) (NYSE:KO) Shares to Pay Quarterly Dividend of $0.53

CocaCola Company (The) (NYSE:KO) declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Tuesday, December 1st will be given a dividend of $0.53 per share on Tuesday, December 15th. This represents a $2.12 annualized dividend and a yield of 2.3%. The ex-dividend date is Tuesday, December 1st.

CocaCola has a payout ratio of 66.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect CocaCola to earn $3.53 per share next year, which means the company should continue to be able to cover its $2.12 annual dividend with an expected future payout ratio of 60.1%.

CocaCola Trading Down 0.0%

KO opened at $91.78 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. The stock’s fifty day moving average is $88.34 and its two-hundred day moving average is $83.27. The company has a market capitalization of $394.87 billion, a P/E ratio of 27.56, a PEG ratio of 3.57 and a beta of 0.32. CocaCola has a 52 week low of $67.16 and a 52 week high of $94.10.

CocaCola (NYSE:KO) last issued its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. CocaCola had a return on equity of 39.38% and a net margin of 28.56%. The business had revenue of $13.37 billion during the quarter, compared to analysts’ expectations of $13.17 billion. During the same period in the prior year, the business earned $0.87 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. Analysts forecast that CocaCola will post 3.30 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Sanford C. Bernstein restated a “market perform” rating and set a $93.00 price target (up from $83.00) on shares of CocaCola in a research note on Wednesday, July 29th. BNP Paribas Exane lifted their price objective on CocaCola from $90.00 to $98.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. TD Cowen upped their price objective on shares of CocaCola from $90.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Seaport Research Partners set a $95.00 price objective on shares of CocaCola in a research note on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of CocaCola from $92.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $96.27.

CocaCola Company Profile

The Coca-Cola Company (NYSE: KO) is a global beverage company headquartered in Atlanta, Georgia. Its portfolio includes sparkling soft drinks, water, sports drinks, coffee, tea, juice, dairy and plant-based beverages, and other ready-to-drink products. The company’s best-known brands include Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Sprite, Fanta, Dasani, Powerade, Minute Maid, fairlife, and Georgia Coffee.

Founded in 1886, the company develops, owns, licenses, markets, and distributes beverage brands through a network of bottling partners, distributors, retailers, and food-service operators.