Put FedEx aside: Here's a Better Dividend Stock: Coca-Cola.

    Put FedEx aside: Here's a Better Dividend Stock: Coca-Cola. This Dividend King is known to have a solid long track record of increased payouts. FedEx  FDX (NYSE) $229,32 +0,04 (+%0,02) does not pay dividends every year, despite having a 1.3% dividend yield, which is roughly in line with the S&P 500. He had increased the payouts three years ago, before the final move he had made. So more attractive there are also stocks. Here is the stock of the company that regularly increases its payouts annually and returns above the market.

Coca-Cola

With a dividend yield of more than 3% of Coca-Cola KO (NYSE) $54,15 0,00 (%0,00),  it earns more than double the S&P 500. The big reason the company is loved by investors is that it has paid dividends systematically and incrementally for 59 years.

Put FedEx aside: Here's a Better Dividend Stock: Coca-Cola.

  That's why the company became the dividend king. Here's why Warren Buffett loves him so much. Known for its soda, Coca-Cola owns four of the world's five best-selling brands, and also sells it, including water, juice, and plant-based beverages. It generates ample free cash flow through the sale of beverages to consumers and outdoor venues such as gyms. Despite the closures during the pandemic, Coca-Cola's free cash flow was $8.7 billion, even in tough years. This allowed the company to comfortably pay dividends of $7 billion, and in the first half of this year, the company's free cash flow exceeded $5 billion. All these indicate that it is a company that generates stable cash and rewards its shareholders with high dividends.  

Source: The Motley Fool

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