Coca-Cola Payouts Set to Deliver Passive Income for Investors on October 1
Coca-Cola is set to pay its quarterly dividends on October 1, 2026. The company's current annual yield stands at 2.41%, and the ex-dividend date was September 15, 2026.
The beverage giant has a history of consistently delivering dividend payouts every quarter, earning it the nickname 'dividend king' alongside other stocks like Johnson & Johnson.
Coca-Cola announced a dividend of $0.53 per share for the October 1 payout, which will be directly deposited into investors' accounts on that date.
Holding Coca-Cola shares can act as a passive income generator, and with a trading price of $88 on the ex-dividend date, it took an investment of $8,800 to acquire 100 KO shares.