The Coca-Cola Company (NYSE:KO) will release earnings for the fourth quarter before the opening bell on Tuesday, Feb. 10.

Analysts expect the company to report earnings of 56 cents per share. That's up from 55 cents per share in the year-ago period. The consensus estimate for Coca-Cola's quarterly revenue is $12.05 billion (it reported $11.4 billion last year), according to Benzinga Pro.

On Jan. 14, the beverage giant introduced a refreshed executive structure aimed at strengthening consumer focus and speeding up technology adoption. Henrique Braun will become CEO on March 31, 2026, replacing James Quincey. Quincey will continue as Executive Chairman of the Board.

With the recent buzz around Coca-Cola, some investors may be eyeing potential gains from the company's dividends too. As of now, Coca-Cola has an annual dividend yield of 2.58%, which is a quarterly dividend amount of 51 cents per share ($2.04 a year).

To figure out how to earn $500 monthly from Coca-Cola, we start with the yearly target of $6,000 ($500 x 12 months).

Next, we take this amount and divide it by Coca-Cola's $2.04 dividend: $6,000 / $2.04 = 2,941 shares.

So, an investor would need to own approximately $232,427 worth of Coca-Cola, or 2,941 shares to generate a monthly dividend income of $500.

Assuming a more conservative goal of $100 monthly ($1,200 annually), we do the same calculation: $1,200 / $2.04 = 588 shares, or $46,470 to generate a monthly dividend income of $100.

Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.

The dividend yield is calculated by dividing the annual dividend payment by the current stock price. As the stock price changes, the dividend yield will also change.

For example, if a stock pays an annual dividend of $2 and its current price is $50, its dividend yield would be 4%. However, if the stock price increases to $60, the dividend yield would decrease to 3.33% ($2/$60).

Conversely, if the stock price decreases to $40, the dividend yield would increase to 5% ($2/$40).

Further, the dividend payment itself can also change over time, which can also impact the dividend yield. If a company increases its dividend payment, the dividend yield will increase even if the stock price remains the same. Similarly, if a company decreases its dividend payment, the dividend yield will decrease.

KO Price Action: Shares of Coca-Cola gained by 0.7% to close at $79.03 on Friday.

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