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.
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