Coca-Cola Hasn't Sold Much More Soda in a Decade. Its Dividend Has Gone Up Every Year Anyway.

Key Points The Coca-Cola system sold 33.8 billion unit cases of drinks in 2025, about 16% more than it sold in 2015. The dividend was raised in every one of those years, climbing from $1.32 per share in 2015 to $2.12 today. Management expects about $12.4 billion of free cash flow this year, while the dividend costs the company a little over $9 billion. 10 stocks we like better than Coca-Cola › In 2015, Coca-Cola (NYSE:KO) and its bottling partners (what the company calls the Coca-Cola system) sold 29.2 billion unit cases of its drinks. A unit case is the company's standard volume measure, equal to 24 eight-ounce servings. In 2025, the system sold 33.8 billion unit cases. In total, the system's volume grew about 16% over those ten years, or about 1.