On Thursday, Shares of The Coca-Cola Company (NYSE:KO), surged 0.58% to $41.92.
The Board of Directors of The Coca-Cola Company declared a regular quarterly dividend of 33 cents per common share. The dividend is payable Dec. 15, 2015 to shareowners of record as of Dec. 1, 2015.
The Board earlier this year approved the Company’s 53rd successive annual dividend improvement, raising the quarterly dividend 8 percent from 30.5 cents to 33 cents per common share. This is equivalent to an annual dividend of $1.32 per share, up from $1.22 per share in 2014. The improvement reflects the Board’s confidence in the Company’s long-term cash flow.
The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages comprise nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.
On other hand, Shares of The Procter & Gamble Company (NYSE:PG), gained 0.08% to $74.27.
The Procter & Gamble Company, traded on a volume of 8,607,447, lower than its standard daily volume. The stock, as of recent close, has shown weekly downbeat performance of -0.17% which was maintained at -16.55% in this year. Over the last twelve months, the stock has lost -7.65 and faced a worst price of $65.02 on Aug 24, 2015. The stock has moved up across its 50-day moving average of $71.30.
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged products worldwide. It operates through five segments: Beauty, Hair and Personal Care; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
