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

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

NYSE:KO opened at $91.78 on Friday. The stock’s 50-day simple moving average is $88.34 and its 200 day simple moving average is $83.27. The firm has a market capitalization of $394.87 billion, a PE ratio of 27.56, a price-to-earnings-growth ratio of 3.57 and a beta of 0.32. The company has a quick ratio of 1.12, a current ratio of 1.30 and a debt-to-equity ratio of 0.97. CocaCola has a twelve month low of $67.16 and a twelve month high of $94.10.

CocaCola (NYSE:KO) last released its earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analysts’ expectations of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, analysts anticipate that CocaCola will post 3.30 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on KO. Truist Financial set a $88.00 price objective on shares of CocaCola in a report on Friday, June 26th. The Goldman Sachs Group restated a “neutral” rating and set a $86.00 price target (up from $82.00) on shares of CocaCola in a report on Tuesday, July 28th. Barclays reaffirmed an “overweight” rating and issued a $98.00 target price on shares of CocaCola in a research report on Friday. Rothschild & Co Redburn raised their price objective on shares of CocaCola from $86.00 to $92.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Royal Bank Of Canada lifted their target price on CocaCola from $87.00 to $96.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.27.

About CocaCola

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.