The Coca-Cola Company (KO) just gave shareholders a raise by increasing the quarterly per share dividend from $0.28 to $0.305. This marks the 52nd year of consecutive dividend growth for this beverage giant. I’m obviously bullish on Coca-Cola at these levels, as I recently increased my position for the second time in the past month. The yield on shares after this raise is 3.28% – which is quite high for Coke, historically speaking. I just don’t know how you can go wrong with a company that sells more than 500 products in more than 200 countries, is fairly priced, and is shareholder friendly enough to raise dividends for 52 years running.
Thanks for reading.
This article was written by Dividend Mantra. If you enjoyed this article, please subscribe to my feed [RSS]
Thanks for sharing my post buddy. I hope you enjo... - Thanks for sharing my post buddy. I hope you enjoyed the weekend! I was stung by Conoco Phillips also. The cut was more than I expected -Bryan
5 hours ago