The Coca-Cola Company does not pay dividends on a monthly schedule; instead, it distributes cash dividends to its common shareholders on a regular quarterly basis (four times per year). As a celebrated Dividend King with a multi-decade history of continuous annual payout increases, the company declares and distributes its dividends typically in April, July, October, and December. This predictable quarterly cash return makes it a cornerstone holding for long-term income-oriented and dividend-growth investors worldwide.