Owners of Coca-Cola stock will get a 10 percent increase in their quarterly dividend, the company said Thursday.

The hike, the beverage giant’s 51st in a row, raises the dividend to 28 cents per share from 25.5 cents a share. The increase is equivalent to an annual dividend of $1.12 a share, up from $1.02 a share last year, the company said.

The dividend will be paid on April 1 to shareowners of record as of March 15 of this year.

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Instructor Daniel Jean-Baptiste reminds students to "measure twice, cut once" while using a hand saw at the Construction Ready accelerated summer program at Westside Works in Atlanta on Wednesday, June 18, 2025. The program provides training for careers in construction and the skilled trades. (Abbey Cutrer/AJC)

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