Beverage company Coca-Cola (NYSE: KO) reminded investors in February why it's a good long-term investment when the company increased its dividend by 5.4% for the 62nd year in a row. This increase means the global beverage company provides investors with a refreshing dividend yield of more than 3%, given the stock's current price.

Here's a closer look at Coca-Cola's latest dividend increase, its trend of dividend growth, and why the company is likely to continue rewarding shareholders with dividend increases for years to come.

Coca-Cola announced its dividend increase in a Feb. 13 press release. The first quarterly dividend at the higher rate will be paid to shareholders on April 1 to shareholders of record as of March 15.

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Source Fool.com