These 5 Dow Stocks Will Boost Their Dividends Soon

In this article, we discuss 5 Dow stocks that will boost their dividends soon. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read These Dow Stocks Will Boost Their Dividends Soon. 

5. The Coca-Cola Company (NYSE:KO)

Expected Month for Dividend Increase: February 2024

The Coca-Cola Company (NYSE:KO) is a global beverage corporation primarily focused on the production, marketing, and distribution of non-alcoholic beverages. The company currently pays a quarterly dividend of $0.46 per share and has been growing its dividends for the past 61 years. It has consistently increased its dividend during the month of February over the last few years. Based on this observed trend from previous years, there’s an anticipation that this Dow stock will boost its dividend soon. As of January 5, the stock has a dividend yield of 3.08%.

At the end of September 2023, 57 hedge funds tracked by Insider Monkey owned stakes in The Coca-Cola Company (NYSE:KO), with a collective value of over $57 billion. Warren Buffett’s Berkshire Hathaway was the company’s leading stakeholder in Q3.