Coca-Cola (KO) announced Thursday a dividend increase of 6% from $0.33 to $0.35 per share. Just like clockwork on the third Thursday in February. This is one consistent company! The cash dividend is payable on April 1st to shareholders of record as of March 15th. This is the company’s 54th consecutive yearly increase.
Since I own 65 shares, this will increase my yearly income by $5.20.