Coca-Cola Stock To Go Ex-dividend Tomorrow (KO)

NEW YORK (TheStreet) -- The ex-dividend date for Coca-Cola (NYSE:KO) is tomorrow, June 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 51 cents per share. At a price of $74.95 as of 9:30 a.m. ET, the dividend yield is 2.7%.

The average volume for Coca-Cola has been 7.9 million shares per day over the past 30 days. Coca-Cola has a market cap of $169.74 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 4.7% year to date as of the close of trading on Monday.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. The company has a P/E ratio of 20, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and growth in earnings per share. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Coca-Cola Ratings Report.

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