Coca-Cola's Elite Dividend Streak Faces Compressed Yield

Coca-Cola's 60-year dividend streak is one of the most impressive in the market, earning an A+ grade. However, this consistency comes at a cost - the company's current yield has compressed to just 2.32%, up from 27% year-to-date price appreciation.

The quarterly rate has climbed from $0.41 in 2020 to $0.53 in 2026, with a payout ratio of high 60s in 2025. The company's management guides to free cash flow of roughly $12.4 billion in 2026, which would cover the dividend and leave room for buybacks.

The Coca-Cola Company just sent another check to shareholders, declaring a $0.53 per share quarterly dividend with an ex-date of September 15, 2026 and a payment date of October 1, 2026.