The Coca-Cola Company (NYSE:KO) is one of the most legendary dividend stocks of all time. It has paid a dividend to shareholders for nearly a century.
Over this period, the company has operated through a number of challenges, including wars and recessions.
And yet, its dividend has stood the test of time. What's more, Coca-Cola has increased its dividend for 54 years in a row.
With that kind of a dividend track record, Coca-Cola is one of just 19 Dividend Kings. The Dividend Kings are a select group of companies with 50+ years of consecutive dividend increases.
You can see the entire list of Dividend Kings here.
Coca-Cola last increased its dividend on Feb. 18, 2016, which means another hike is right around the corner.
This article will discuss the previous year for Coca-Cola, and what investors should expect when the company announces its upcoming dividend increase.