The upcoming dividends for Coca-Cola, Altria Group, and Meta Platforms will be paid out on different dates in the upcoming months. Coca-Cola will pay its quarterly dividend of $0.485 on 7/1/24, Altria Group will pay its quarterly dividend of $0.98 on 7/10/24, and Meta Platforms will pay its quarterly dividend of $0.50 on 6/26/24. Investors who own these stocks on 6/14/24 will be eligible to receive the upcoming dividends.
The dividend yield for Coca-Cola is approximately 0.76% of its current stock price of $63.55. This means that when Coca-Cola Co trades ex-dividend on 6/14/24, the stock price is expected to open 0.76% lower. Similarly, Altria Group is expected to open 2.11% lower in price and Meta Platforms is expected to open 0.10% lower on the same day, all else being equal.
As Altria Group has a history of 16+ years of dividend increases, it is considered a “future dividend aristocrats contender.” When an S&P 1500 component reaches 20 years of dividend increases, it becomes eligible to join the elite “Dividend Aristocrats” index. This demonstrates the company’s commitment to rewarding shareholders through consistent dividend increases over the years.
The dividend history charts for Coca-Cola, Altria Group, and Meta Platforms show the historical dividends paid out by these companies prior to their most recent announcements. This can provide investors with a sense of the stability of the companies’ dividend payments over time, helping them to form expectations for future annual yield.
In general, dividends are not always predictable and can fluctuate based on company profits. Therefore, it is important for investors to consider the historical dividend payments of a company when forming expectations for future yields. The current estimated annualized yields for Coca-Cola, Altria Group, and Meta Platforms are 3.05%, 8.45%, and 0.39% respectively, based on their most recent dividend announcements.
On Wednesday, Coca-Cola shares are down by about 0.1%, Altria Group shares are down by about 0.2%, and Meta Platforms shares are up by about 1% on the day. Investors can track these companies’ dividend performance and stay updated on their upcoming dividend payouts by following their stock movements and dividend announcements.
