The Coca-Cola Company (KO) Raises Annual Dividend for 64th Consecutive Year and Appoints New VP

The Coca-Cola Company (NYSE:KO) is one of the 10 best stocks to invest in during a recession.

On February 19, 2026, The Coca-Cola Company (NYSE:KO) announced the election of Todd Beiger as a new vice president, effective March 31, and the Board’s approval for the 64^th consecutive increase in annual dividend. The company raised its quarterly dividend by 4% from 51 cents to 53 cents per share, leading to an annual dividend increase of $2.12 per share, up from $2.04 in 2025. Shareholders of record as of March 13, 2026, will be eligible for the quarterly dividend payable on April 1, 2026.

In a more recent development, on March 3, 2026, two top executives at The Coca-Cola Company (NYSE:KO) disclosed that they had cashed out a significant portion of their ownership in the company. The company’s Executive Vice President, Beatriz Perez, sold 21,326 shares of the company’s stock. The sale generated approximately $1,727,406 for the EVP. Separately, The Coca-Cola Company (NYSE:KO)’s President and Chief Financial Officer, John Murphy, offloaded 130,633 shares of the company’s stock in a transaction valued at $10,517,405.

Founded in 1886, The Coca-Cola Company (NYSE:KO) is a global beverage company with a portfolio of 200+ brands, with headquarters in Georgia.

While we acknowledge the potential of KO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 13 High-Quality S&P 500 Financial Stocks According to Hedge Funds

Disclosure. None. Follow Insider Monkey on Google News.