Leading global beverage giant Coca-Cola (NYSE: KO) is all set to pay its quarterly dividends to investors on October 1, 2026. The company’s current annual yield stands at 2.41%, and the ex-dividend date was set for September 15, 2026. Traders who purchased KO stock before that date will receive the payout from the company.
The soft-drink brand has given investors a historical dividend growth rate, and the payout has been consistently delivered every quarter. It has also earned the nickname ‘dividend king’ along with other stocks such as Johnson & Johnson, among other assets. Holding Coca-Cola shares in your portfolio will act as a passive income generator for years.
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Dividends You Will Receive By Holding 100 Coca-Cola Shares
Coca-Cola has announced a dividend of $0.53 per share for the October 1st payout. Investors who purchased the KO stock on or before September 15 are eligible to receive $0.53 per share. The beverage brand was trading at $88 on the ex-dividend date. Therefore, it took an investment of $8,800 to acquire 100 KO shares for traders.
Holding 100 Coca-Cola shares in your portfolio will earn you $53 through the dividend. The trading platform will directly deposit the amount into investors’ accounts on October 1st. While $53 looks like a small amount, holding on to KO for years can snowball into a bigger margin. The company gives payouts every four months, making it one of the best equities to hold.
Coca-Cola shares have been in demand for their dividend payouts. Warren Buffett’s Berkshire Hathaway has earned billions in profits by simply owning KO since 1994. The investment arm will earn a staggering $848 million in dividends from the cool drink company. Buffett had previously revealed that he drinks nearly 12 ounces of Coke every day. “I drink probably five 12-ounce Cokes a day, and that’s about 700 calories, and I’ve been doing it more or less my whole life. I can’t imagine anybody who feels better than I do,” he said.