{"slug":"ko-dividend-history","qid":"payout_ratio","label":"Coca-Cola dividends paid against earnings and operating cash flow, by fiscal year","post_title":"KO Dividend History: Coca-Cola Payouts by Year","post_url":"/blog/ko-dividend-history#q-payout_ratio","columns":["year","dividends_paid_bn","operating_cash_flow_bn","payout_of_earnings_pct","payout_of_operating_cash_pct"],"rows":[{"year":2013,"dividends_paid_bn":4.97,"operating_cash_flow_bn":10.54,"payout_of_earnings_pct":57.6,"payout_of_operating_cash_pct":47.1},{"year":2014,"dividends_paid_bn":5.35,"operating_cash_flow_bn":10.62,"payout_of_earnings_pct":75.1,"payout_of_operating_cash_pct":50.4},{"year":2015,"dividends_paid_bn":5.74,"operating_cash_flow_bn":10.53,"payout_of_earnings_pct":77.9,"payout_of_operating_cash_pct":54.5},{"year":2016,"dividends_paid_bn":6.04,"operating_cash_flow_bn":8.79,"payout_of_earnings_pct":92.3,"payout_of_operating_cash_pct":68.7},{"year":2017,"dividends_paid_bn":6.32,"operating_cash_flow_bn":7.04,"payout_of_earnings_pct":492.6,"payout_of_operating_cash_pct":89.8},{"year":2018,"dividends_paid_bn":6.64,"operating_cash_flow_bn":7.63,"payout_of_earnings_pct":102.6,"payout_of_operating_cash_pct":87.1},{"year":2019,"dividends_paid_bn":6.84,"operating_cash_flow_bn":10.47,"payout_of_earnings_pct":76.2,"payout_of_operating_cash_pct":65.4},{"year":2020,"dividends_paid_bn":7.05,"operating_cash_flow_bn":9.84,"payout_of_earnings_pct":90.7,"payout_of_operating_cash_pct":71.6},{"year":2021,"dividends_paid_bn":7.25,"operating_cash_flow_bn":12.62,"payout_of_earnings_pct":74,"payout_of_operating_cash_pct":57.4},{"year":2022,"dividends_paid_bn":7.62,"operating_cash_flow_bn":11.02,"payout_of_earnings_pct":79.6,"payout_of_operating_cash_pct":69.1},{"year":2023,"dividends_paid_bn":7.95,"operating_cash_flow_bn":11.6,"payout_of_earnings_pct":74.3,"payout_of_operating_cash_pct":68.6},{"year":2024,"dividends_paid_bn":8.36,"operating_cash_flow_bn":6.8,"payout_of_earnings_pct":78.5,"payout_of_operating_cash_pct":122.8},{"year":2025,"dividends_paid_bn":8.78,"operating_cash_flow_bn":7.41,"payout_of_earnings_pct":66.8,"payout_of_operating_cash_pct":118.5}],"shape":"table","sql":"WITH annuals AS\n(\n    SELECT\n        toUInt16(fiscal_year)                                                 AS yr,\n        argMax(abs(dividends), (filing_date, period_end))                     AS divs,\n        argMax(net_cash_from_operating_activities, (filing_date, period_end)) AS ocf,\n        argMax(net_income, (filing_date, period_end))                         AS ni\n    FROM global_markets.stocks_cash_flow_statements\n    WHERE has(tickers, 'KO')\n      AND timeframe = 'annual'\n      AND period_end >= toDate('2013-01-01')\n    GROUP BY yr\n)\nSELECT\n    yr                                               AS year,\n    round(toFloat64(divs) / 1e9, 2)                  AS dividends_paid_bn,\n    round(toFloat64(ocf) / 1e9, 2)                   AS operating_cash_flow_bn,\n    round(100 * toFloat64(divs) / toFloat64(ni), 1)  AS payout_of_earnings_pct,\n    round(100 * toFloat64(divs) / toFloat64(ocf), 1) AS payout_of_operating_cash_pct\nFROM annuals\nWHERE ni > 0 AND ocf > 0 AND divs > 0\nORDER BY year","computed_at":"2026-10-08T16:10:31.551910+00:00","elapsed":0.004956432}