Coca-Cola's Dividend Yield Hits 10-Year Low Amid Modest Growth Rates

Coca-Cola Co (KO) has announced its upcoming dividend payment of $0.53 per share, which will be payable on October 1st after the ex-dividend date of September 15th.

The company's status as a 'dividend king' is well-deserved, having increased its dividend each year since 1963 and maintained a consistent quarterly payout record over the same period.

However, Coca-Cola Co's dividend yield of 2.35% is near a 10-year low, underperforming 58.97% of global competitors in the Beverages - Non-Alcoholic industry.

The company's growth metrics are also worth noting, with revenue increasing by approximately 4.00% per year on average and earnings growing by around 6.60% per year over the past three years.