The Board Of Directors Of The Coca-Cola Company Announces 50th Consecutive Annual Dividend Increase
The Board of Directors of The Coca-Cola Company today approved the Company's 50th consecutive annual dividend increase, raising the quarterly dividend 8.5 percent from 47 cents to 51 cents per common share. This is equivalent to an annual dividend of $2.04 per share, up from $1.88 per share in 2011. The first quarterly dividend is payable April 1, 2012, to shareowners of record as of March 15, 2012.
The increase reflects the Board's confidence in the Company's long-term cash flow. The Company returned $8.6 billion to shareowners in 2011, through $4.3 billion in dividends and $4.3 billion in share repurchases.
About The Coca-Cola Company
The
Coca-Cola Company (NYSE: KO) is the world's largest beverage
company, refreshing consumers with more than 500 sparkling and still
brands. Led by Coca-Cola, the world's most valuable brand, our Company's
portfolio features 15 billion dollar brands including Diet Coke, Fanta,
Sprite, Coca-Cola Zero, vitaminwater, Powerade, Minute Maid, Simply,
Georgia and Del Valle. Globally, we are the No. 1 provider of sparkling
beverages, ready-to-drink coffees, and juices and juice drinks. Through
the world's largest beverage distribution system, consumers in more than
200 countries enjoy our beverages at a rate of 1.7 billion servings a
day. With an enduring commitment to building sustainable communities,
our Company is focused on initiatives that reduce our environmental
footprint, support active, healthy living, create a safe, inclusive work
environment for our associates, and enhance the economic development of
the communities where we operate. Together with our bottling partners,
we rank among the world's top 10 private employers with more than
700,000 system employees. For more information, please visit
www.thecoca-colacompany.com
or follow us on Twitter at
twitter.com/CocaColaCo.
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