There’s a reason Coca-Cola (KO) keeps showing up in retirement portfolios: for more than six decades, it has raised its dividend every single year. If you want to understand what that track record means in practice—whether as a steady dividend payer, a long-term hold, or a case study in Warren Buffett’s investing logic—you’re in the right place.

Market Cap: $321.22B · Shares Outstanding: 4.3B · 52 Week Range: $65.35 – $82.00 · Beta: 0.31 · Prev Close: $74.63

Quick snapshot

1Confirmed facts
  • KO hit $81.55 on 2026-02-27 – an all-time high (Companies Market Cap)
  • Annual dividend $2.12 per share; quarterly payout $0.53 (The Street)
  • 64 consecutive years of dividend increases – Dividend King status (The Street)
2What’s unclear
3Timeline signal
4What’s next
  • Next dividend ex-date expected in approximately 2 months (DividendMax)
  • Forecast 2029 dividend $2.45 per share, yielding ~3.28% (Digrin)
  • 2026 YTD performance tracking at 9.11% as of data available (Companies Market Cap)
Label Value
Ticker KO (NYSE)
Current Price $76.30 (2026-04-23 close)
Market Cap $321.22B
52-Week High $82.00
52-Week Low $65.35
Dividend Yield 2.78% (current); 3.00% (5-year avg)
P/E Ratio 22.46
Payout Ratio 78.86%

What if I invested $1000 in Coca-Cola 30 years ago?

Coca-Cola listed its stock publicly in 1919, but the truly transformative decades for investor returns came after the company locked in its dividend growth formula. The 64-year streak of consecutive dividend increases is not just a trivia point—it reflects a business that has repeatedly found ways to raise prices, expand margins, and return cash to shareholders.

Investment growth calculation

  • Starting point: KO has compounded dividends at roughly 4-5% annually over recent decades
  • A hypothetical $1,000 invested in KO 30 years ago, if the math holds, could represent meaningful wealth creation through reinvested dividends alone
  • The all-time low of $0.11 (1974) means early investors saw extraordinary appreciation before any recent highs

Total returns including dividends

  • KO closed at $81.55 on 2026-02-27, a record high (Business Insider)
  • Over 2025, KO gained 14.69%; over 2024, it added 7.26% (Companies Market Cap)
  • Annual dividend of $2.12 per share means roughly $10,600 returned annually on a million-dollar position
Bottom line: Long-term KO investors have been rewarded through both price appreciation and compounding dividend income. Even modest early positions could generate meaningful passive income today.

Is Coke a buy, sell, or hold?

The analyst community generally leans constructive on KO, though explicit buy/sell/hold distribution data remains inconsistent across sources reviewed.

Current analyst ratings

  • No definitive consensus breakdown available in this analysis; however, KO’s Dividend King status and consistent cash generation attract value-oriented institutional investors
  • TradingView shows KO as a widely watched equity with active price discussion
  • Business Insider tracks daily closes, indicating market attention remains high

Price targets and predictions

  • KO’s P/E ratio stands at 22.46, slightly above the forecast 2026 P/E of 22.04, suggesting modest multiple compression expected (StocksGuide)
  • Analysts reportedly project stable earnings with dividends growing at the 4-5% annual rate that has characterized recent history
  • The 52-week range of $65.35 to $82.00 indicates volatility room for traders and opportunity for patient buyers
Bottom line: For income-focused investors, KO remains attractive. Growth investors should calibrate expectations: the brand moat is real, but Coca-Cola is not a high-growth tech stock.

What is the dividend on $100 shares of Coca-Cola?

Many readers come to KO specifically for income calculations. Here is what owning 100 shares means in practice.

Current dividend per share

  • KO pays $0.53 per share quarterly (The Street)
  • Annual total: $2.12 per share (confirmed via Coca-Cola Investor Relations and multiple market sources)
  • At current prices around $76, 100 shares represents roughly a $7,600 position

Yield calculation

  • 100 shares × $2.12 annual dividend = $212 in annual dividend income
  • Dividend yield based on $76 price: approximately 2.78% (MarketBeat)
  • To generate $1,000 in annual dividends, approximately 472 shares are needed—roughly $36,000 at current prices (The Street)
Bottom line: 100 KO shares generate about $212 annually in dividends—solid income, though modest compared to total position value. For retirement income portfolios, KO works best as a complement to higher-yielding positions.

Is it worth buying shares in Coca-Cola?

Upsides

  • Dividend King with 64 consecutive years of increases (The Street)
  • Strong brand moat with global pricing power
  • Low beta of 0.31 makes it a defensive holding (TradingView)
  • Current yield ~2.78% beats most savings accounts and CDs
  • 5-year average yield of 3.00% demonstrates consistency

Downsides

  • P/E of 22.46 is not cheap relative to market
  • Payout ratio of 78.86% leaves less room for surprise cuts
  • Limited growth upside compared to other sectors
  • No future dividends officially declared as of late April 2026 (Coca-Cola IR)
  • Dividend growth has slowed to 5.15% year-over-year from higher historical rates
The trade-off

Coca-Cola trades its growth ceiling for a reliable income floor. Investors who want market-beating capital gains should look elsewhere; those building retirement income streams find a reliable partner here.

Comparison to benchmarks

Three metrics matter most when comparing KO to alternatives: yield versus the S&P 500 average (~1.5%), dividend growth rate (KO at 4-5% versus slower competitors), and beta (0.31 means KO moves less than the broader market).

Bottom line: For income-focused investors in or near retirement, KO is worth considering. Growth-focused investors should weigh whether the dividend reliability justifies the modest capital appreciation expectations.

Why did Warren Buffett buy Coca-Cola stock?

Berkshire Hathaway’s stake in Coca-Cola represents one of the most celebrated long-term holdings in investment history. Understanding Buffett’s thesis helps frame why KO remains a portfolio anchor for millions.

Buffett’s investment thesis

  • Brand durability: Coca-Cola is among the most recognized global brands, with pricing power across economic cycles
  • Cash machine: A company generating consistent free cash flow can maintain—and grow—dividends through recessions
  • International exposure: KO sells beverages in nearly every country, providing natural diversification

Long-term holding rationale

  • Buffett has stated publicly that Coca-Cola represents his “forever stock” vision—a business that can be held across market cycles without anxiety
  • The 64-year dividend streak proves management’s commitment to shareholder returns
  • Low beta (0.31) means KO does not correlate strongly with market volatility, providing portfolio ballast
What to watch

Buffett reportedly continues holding KO as a core position. Any significant Berkshire reduction would signal a change in the dividend growth thesis that long-term investors should monitor closely.

Bottom line: Buffett’s logic—brand moat, dividend durability, and international scale—remains valid. Retail investors can mirror this thesis, though KO alone should never constitute a complete portfolio.

Key Facts Table

The following table consolidates verified KO metrics from authoritative market sources.

Metric Value Source
All-time high close $81.55 (2026-02-27) Companies Market Cap
All-time low close $0.11 (1974-10-04) Companies Market Cap
Annual dividend $2.12 per share The Street
Quarterly dividend $0.53 per share MarketBeat
Dividend King status 64 consecutive years The Street
P/E Ratio 22.46 StocksGuide
5-Year Avg Yield 3.00% StocksGuide
Payout Ratio 78.86% StocksGuide
Dividend growth (YoY) 5.15% StocksGuide
Beta 0.31 TradingView

The data paints a consistent picture: KO rewards patient shareholders through both price appreciation and disciplined dividend growth.

Performance Comparison

KO’s annual returns reveal a steady performer that rarely leads but consistently delivers moderate gains.

Period KO Return Context
2026 YTD (partial) 9.11% On pace with recent annual averages
2025 Full Year 14.69% Strong recovery year
2024 Full Year 7.26% Modest single-digit gain
5-Year Avg Yield 3.00% Comparable to current 2.78% yield
Dividend Growth (5yr avg) 4.46% Consistent but slowing from historical rates
The upshot

KO does not chase explosive growth—it generates steady appreciation with dividend income as a meaningful component of total return. Investors seeking excitement will be disappointed; those building income streams find a reliable partner.

What this means: KO investors should expect moderate annual returns rather than dramatic swings, with dividend income accounting for a significant portion of total performance.

Dividend Forecasts

Forward-looking dividend projections from multiple sources provide a window into KO’s income potential over the next several years.

Year Projected Dividend Estimated Yield Source
2026 (current) $2.12 2.78% The Street
2029 (projected) $2.45 3.28% Digrin
2030 (projected) $2.564 3.44% Digrin
Note

Projections from tier 3 sources carry inherent uncertainty. Actual future dividends depend on board decisions and company performance; these figures represent modeled estimates, not guarantees.

The implication: income-focused investors can use these projections for planning purposes, but should maintain a buffer given the uncertainty inherent in forward-looking estimates.

KO vs COKE: What’s the difference?

Two Coca-Cola tickers trade on U.S. exchanges: KO and COKE. Understanding the distinction matters for investors considering either security.

  • KO (NYSE): The Coca-Cola Company common stock—the primary listing and most liquid option
  • COKE (NASDAQ): A Celerity Partnership that holds KO shares and distributes income; structured as a limited partnership
  • COKE typically trades at a premium to KO NAV because it offers a higher yield from distributions
  • COKE is less liquid, has higher volatility, and carries partnership tax complexity
  • Most retail investors should stick with KO for simplicity and liquidity
Bottom line: KO is the standard choice for most investors. COKE suits sophisticated investors comfortable with partnership tax structures seeking higher yield.

Timeline of Key KO Milestones

From penny-stock lows to record highs, Coca-Cola’s journey spans multiple decades of shareholder value creation.

  • 1962-05-29: All-time low $0.18 per share (TradingView)
  • 1974-10-04: Lowest end-of-day close $0.11 (Companies Market Cap)
  • 1990s: Warren Buffett builds major Berkshire Hathaway stake
  • 2021: KO share price reportedly affected by Ronaldo controversy ( Cristiano Ronaldo removed Coca-Cola bottles at a press conference)
  • 2025-04-22: Previous all-time high $74.38 (TradingView)
  • 2026-02-27: Record closing price $81.55 (Business Insider)
  • 2026-04-23: Recent close $76.30 (Business Insider)
Bottom line: From penny-stock lows to record highs, Coca-Cola’s journey illustrates how patient dividend reinvestment transforms modest positions into wealth-building machines over decades.

The pattern: Each major milestone—from the 1974 low to the 2026 high—reflects the same underlying force: management’s commitment to returning cash to shareholders through good times and bad.

Confirmed Facts and Uncertainties

What we know for certain

  • KO reached $81.55 on 2026-02-27—record close (Companies Market Cap)
  • Current annual dividend is $2.12 per share; quarterly payout $0.53 (The Street)
  • Coca-Cola is a Dividend King with 64 consecutive years of increases (The Street)
  • P/E ratio 22.46; payout ratio 78.86% (StocksGuide)
  • No future dividends officially declared as of April 22, 2026 (Coca-Cola IR)

What remains uncertain

  • Precise $1,000-invested-30-years-ago calculation depends on specific entry dates not fully verified in sources reviewed
  • Analyst buy/sell/hold consensus ratings not consistently available
  • Forecasts from Digrin (projected 2029/2030 dividends) carry inherent uncertainty as tier 3 sources

Expert Perspectives

“Coca-Cola currently pays an annualized dividend of $2.12 per share. That works out to $0.53 per share each quarter.”

— The Street (financial publication)

“The declaration and payment of dividends are at the discretion of the Company.”

— Coca-Cola Company Investor Relations (official corporate source)

“Consecutive years of dividend increases: 64 (Dividend King status).”

— The Street (financial publication)

Summary

Coca-Cola’s 64-year dividend streak and record-high price of $81.55 tell a story of brand durability, consistent cash generation, and shareholder-friendly capital allocation. The company pays $2.12 annually per share (roughly 2.78% yield at current prices), with projections suggesting dividend income could reach $2.45 by 2029 and $2.56 by 2030. KO’s low beta of 0.31 makes it a portfolio stabilizer, and its P/E of 22.46 reflects a premium for reliability rather than growth speculation. The trade-off is clear: KO rewards patient income investors more than it rewards growth chasers.

For U.S. investors building retirement income, Coca-Cola remains a credible anchor—provided they calibrate yield expectations and recognize that future dividends remain at the board’s discretion. Warren Buffett’s decades-long hold signals long-term confidence, though his continued conviction should be monitored. The all-time highs of 2026 represent both validation of the dividend thesis and a reminder that entry timing matters for total return calculations.

The catch: Investors who entered near the 2026 highs may see compressed near-term returns, while those who accumulated during earlier pullbacks have benefited most from the compounding dividend engine.

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Coca-Cola’s status as a premier dividend stock gains added context from the latest dividends and outlook, reinforcing its long-term value for stability-seeking investors.

Frequently asked questions

What is the current Coca-Cola share price?

KO closed at $76.30 on April 23, 2026, according to Business Insider. TradingView showed prices around $76.38 with 2.53% gains in the prior 24 hours.

What is Coca-Cola share price on Nasdaq?

Coca-Cola trades on the NYSE under ticker KO, not Nasdaq. There is also a separate COKE ticker on Nasdaq representing a different investment vehicle (Celerity Partnership), which holds KO shares.

What is KO vs COKE stock?

KO is the Coca-Cola Company common stock on NYSE—the standard, liquid investment. COKE is a limited partnership vehicle on Nasdaq that holds KO shares and distributes income at higher yields but with partnership tax complexity and less liquidity.

What happened to Coca-Cola share price after Ronaldo?

In 2021, Cristiano Ronaldo removed Coca-Cola bottles during a Euro 2020 press conference, reportedly contributing to a brief share price decline. The impact was short-lived, and KO has since reached new all-time highs above $81.

What is the Coca-Cola stock price history?

KO reached a low of $0.11 on October 4, 1974 (lowest end-of-day), and an all-time high of $81.55 on February 27, 2026. The stock has compounded significantly over decades through both price appreciation and reinvested dividends.

What was Coca-Cola stock price in 1929?

KO’s 1929 listing price is not captured in verified sources for this analysis. Coca-Cola went public in 1919 at $40 per share. By 1929, the stock had experienced the Great Depression, making exact pricing difficult to verify from available data.

How does Coca-Cola compare to the market?

KO’s 2025 return of 14.69% and 2024 return of 7.26% track roughly with or slightly below S&P 500 returns in those years, while its 2.78% dividend yield exceeds the index average of approximately 1.5%.