The Coca-Cola Company (NYSE:KO) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.41 per share is scheduled to be paid on October 1, 2020. The dividend yield based on the latest trading day closing price was 3.28 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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The Coca-Cola Company recently reported first quarter financial results on April 21, 2020, before market open, manufacturer of nonalcoholic beverages reported income for the first quarter of $ 0.51 per share, from the revenue of $ 8,601.00 million. The quarterly earnings escalated 6.25 percent while revenues escalated 7.19 percent compared with the same quarter last year.
Wall street analysts are predicting, KO to report 1Q20 income of $ 0.44 per share from revenue of $ 8281.71 million. The bottom line results beat street analysts by $ 0.07 or 15.91 percent, at the same time, top line results outshined analysts by $ 319.29 million or 3.86 percent.
Stock Performance
Shares of The Coca-Cola Company traded low $ -0.19 or -0.38 percent on Thursday, reaching $ 50.00 with volume of 15.06 million shares. The Coca-Cola Company has traded high as $ 50.68 and has cracked $ 49.95 on the downward trend
According to the previous trading day, closing price of $ 50.00, representing a 38.38 % increase from the 52 week low of $ 36.27 and a 16.53 % decrease over the 52 week high of $ 60.13.
The company has a market capital of $ 214.77 billion and is part of the Consumer Defensive sector and Beverages – Soft Drinks industry.
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant–based beverages; teas and coffees; and energy drinks. It also offers concentrates, syrups, beverage bases, source waters, and powders/minerals, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.
