Coca-Cola

Food and Beverage Company for Dividend Stock Fans

    Coca-Cola - Food and Beverage Company for Dividend Stock Fans   This familiar business has been known to reward shareholders with cash payments.   Investing in the Stock Market is the best way to build long-term wealth. Certain stocks give their shareholders stable and increasing dividends more than the S&P 500, which provides 10% annually. In addition to the potential for the stock p,,r0ice to appreciate, Coca-Cola KO (NYSE) $56,42 +0,75 (+%1,35) is a popular food and beverage stock that dividend fans should seriously consider.

A payout with some real fizz

(Coca-Cola): Let's examine the giant company, one of the classic beverage dividend stocks at the top of the list. Let's take a look at what the maker of Coca-Cola has to offer. First, the Coke company is one of the most stable and reliable dividend payers in the industry. Not only has it been distributing quarterly for decades, but it has also been increasing quantities continuously. At this point, the stock has attained high Dividend King status, not just a Dividend Aristocrat.

Coca-Cola - Food and Beverage Company for Dividend Stock Fans

Thus, a company that has been successful for 50 years; Coke's streak is at 59. It can be said that the company survived the pandemic cheaply with small drops. It should also be noted that sugary drinks, which are the famous main products of Coca-Cola, have fallen out of favor in recent years due to increasing consumer health awareness. As a result, even in the 2020 pandemic year, sales fell by just 4%. That's why it remains a real cash-generating giant. Net operating cash flow has not dropped below $6,4 billion over the past five years, with free cash flow a firm that has reached approximately $8,7 billion in 2020. It also became a giant corporation with sufficient funds to pay its dividends and more than $1 billion in reserve cash for other purposes. Here is a company with a very financially strong dividend stock, let's continue to drink a lot.  

Source: The Motley Fool

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