Coca-Cola Company (KO) will begin trading ex-dividend on September 14, 2020. A cash dividend payment of $0.41 per share is scheduled to be paid on October 01, 2020. Shareholders who purchased KO prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that KO has paid the same dividend. At the current stock price of $50, the dividend yield is 3.28%.
The previous trading day's last sale of KO was $50, representing a -16.85% decrease from the 52 week high of $60.13 and a 37.85% increase over the 52 week low of $36.27.
KO is a part of the Consumer Non-Durables sector, which includes companies such as Pepsico, Inc. (PEP) and Anheuser-Busch Inbev SA (BUD). KO's current earnings per share, an indicator of a company's profitability, is $2.12. Zacks Investment Research reports KO's forecasted earnings growth in 2020 as -14.81%, compared to an industry average of -5.3%.
Interested in gaining exposure to KO through an Exchange Traded Fund [ETF]?
The following ETF(s) have KO as a top-10 holding:
- SPDR Select Sector Fund - Consumer Staples (XLP)
- Vanguard Consumer Staples ETF (VDC)
- iShares U.S. Consumer Goods ETF (IYK)
- John Hancock Multifactor Consumer Staples ETF (JHMS)
- iShares U.S. ETF Trust (IECS).
The top-performing ETF of this group is IYK with an increase of 23.57% over the last 100 days. XLP has the highest percent weighting of KO at 9.81%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.