On Thursday afternoon, Coca Cola (KO) declared its quarterly dividend of 51 cents per share, an increase of about 9% over its prior dividend. Based on the current stock price, investors can expect a yield of about 3% going forward.
Shares of Coca Cola were modestly higher today, picking up 0.2%.
In other dividend news, Honeywell International (HON) maintained its quarterly dividend of 37.25 cents per share. Anadarko Petroleum (APC) maintained its quarterly dividend of 9 cents per share. Medtronic (MDT) maintained its quarterly dividend of 24.25 cents per share. And Nike (NKE) maintained its quarterly dividend of 36 cents per share.
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