An acrylate-functionalized alkyd coating composition is disclosed having improved dry time. The compositon includes an acrylate-functionalized alkyd resin, a solvent, and a drier package that provides the composition with a cobalt content of at least 0.01 wt %, based on binder solids content, and a calcium content of from 0.15 wt % to 5 wt %, based on the binder solids content. The drier mixture disclosed results in the coating composition having improved dry time when compared with similar coating compositions using conventional drier packages.