Coca-Cola stock price rises, reducing dividend yield to 2.4 percent
Business · 29 August 2026
Written by AI from multiple news reports
Coca-Cola's share price has risen about 28 percent so far in 2026, climbing from roughly $70 to nearly $90. Because the price rose faster than the dividend, the income yield has fallen from 2.9 percent to 2.4 percent for new buyers. In February, the company raised its quarterly dividend by 4 percent to $0.53 per share. This was the 64th year in a row that Coca-Cola has increased its dividend. Sales volumes grew 5 percent, and profit margins improved compared to last year. Management now expects organic revenue to grow around 5 percent for the full year. Most analysts recommend buying the stock, with 70 percent of 27 ratings giving it a buy rating.