Coca-Cola has raised its dividend for the 64th consecutive year, cementing its status as a Dividend King. The company's shares have gained 26% in 2026 as of July 29, outpacing the S&P 500's 9% advance. In its second quarter ended July 3, Coca-Cola reported net revenue of $13.4 billion and adjusted earnings per share of $0.97, both exceeding analyst estimates, and raised its full-year adjusted EPS growth guidance to 9% to 10%. The current dividend yield stands at 2.4%, well above the S&P 500's 1.08%, supported by free cash flow of $6.9 billion over the past six months.
The Coca-Cola CompanyRaises dividend for 64th year, beats Q2 estimates, and raises full-year EPS guidance.
Coca-Cola Europacific Partners PLC