Coca-Cola (NYSE:KO) only managed a disappointing 2% boost in its sales volumes last year, thanks to a soda market that refused to grow. However, with near-record cash generation, the Dow giant's financial position is as strong as ever. And Coke flexed those financial muscles recently by boosting its quarterly dividend payout.

In the video below, Fool contributor Demitrios Kalogeropoulos gives his take on Coke's new dividend, noting that the 9% raise marks the 52nd consecutive annual boost and is in line with last year's increase. Coke has shown a preference for returning cash to shareholder through dividends, he says, and that trend should only continue as the company scales back its share repurchase plans in favor of more dividends in 2014.

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