Coke Raises Dividend for 50th Straight Year

Congratulations to Coca-Cola ($KO). The soft drink company just raised its dividend for the 50th year in a row. Coke bumped up its quarterly dividend from 47 cents per share to 51 cents per share. That’s a dividend increase of 8.5%. Based on the new dividend, KO now yield 2.96%.

Here’s a list of the longest current dividend raising streaks (via Dynamic Dividend):

Company	Symbol	Since
Diebold	DBD	1954
American States Water	AWR	1955
Dover Corporation	DOV	1956
Northwest Natural Gas	NWN	1956
Emerson Electric	EMR	1957
Genuine Parts	GPC	1957
Procter & Gamble	PG	1957
3M Company	MMM	1959
Vectren Corporation	VVC	1960
Cincinnati Financial	CINF	1961
Johnson & Johnson	JNJ	1963
Lancaster Colony Corp.	LANC	1963
Lowe’s Companies	LOW	1963
The Coca-Cola Company	KO	1963

Posted by Eddy Elfenbein on February 17th, 2012 at 9:33 am

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