Is Coca-Cola a dividend stock? (2024)

Is Coca-Cola a dividend stock?

The company is a Dividend King, meaning it has raised its shareholder payout at least once annually for a minimum of 50 years.

Is Coca-Cola a good dividend stock?

co*ke offers one of the most dependable dividends in the market, a payout that's risen in each of the last 61 years.

Is Coca Cola dividend sustainable?

Coca-Cola's Dividend Is Well Covered By Earnings

The next year is set to see EPS grow by 27.6%. Assuming the dividend continues along recent trends, we think the payout ratio could be 62% by next year, which is in a pretty sustainable range.

Is Coca Cola a good investment stock?

The long-term outlook is highly positive for co*ke's cash trends, and so investors can count on further steady dividend growth over the coming years (and decades).

How much Coca Cola stock to live off dividends?

Investment Calculations for Desired Dividend Earnings

To consistently earn $500 per month from dividends, you'll need to invest around $193,548 based on Coca-Cola's current dividend yield of 3.1%.

What would happen if I invested $1000 in co*ke 10 years ago?

If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.

What are the top dividend stocks?

Why is Coca-Cola dividend so high?

Coca-Cola's Dividend Is Well Covered By Earnings

Prior to this announcement, Coca-Cola was paying out 74% of earnings and more than 75% of free cash flows. This is usually an indication that the focus of the company is returning cash to shareholders rather than reinvesting it for growth.

How many years in a row has Coca-Cola raised its dividend?

Coca-Cola. This dividend powerhouse has increased its dividend every year for 62 years straight.

How long has Coca-Cola paid dividends?

Historical dividend payout and yield for CocaCola (KO) since 1964. The current TTM dividend payout for CocaCola (KO) as of April 12, 2024 is $1.94. The current dividend yield for CocaCola as of April 12, 2024 is 3.33%.

Is Coca-Cola a good investment in 2024?

Profitability looks a little tastier, given that the collective estimate for 2024 per-share net income growth is 4% this year and nearly 7% in 2025. As for valuations, Coca-Cola stock currently trades at a forward P/E of nearly 24, which on first glance might seem rich given that anticipated single-digit growth.

Why is co*ke stock doing so well?

The increased profitability is doing wonders for Coca-Cola Consolidated's balance sheet. For the first time in 40 years, it has more cash than debt. Moreover, Coca-Cola Consolidated stock is cheap compared to its profits.

What are the cons of investing in Coca-Cola?

But over the past 5 years the soda maker has underperformed the market and disappointed its loyal following. Coca-Cola stock has been the victim of quickly changing consumer tastes and, so far, its efforts to revive the public's interest in soda have been lackluster at best.

What are the 3 dividend stocks to buy and hold forever?

What is the safest dividend stock?

Safest Dividend Stock #1: Globe Life Inc. (

Founded in 1979, the company has raised its dividend every year for the past 18 years. Globe Life reported Q4 and full year 2023 earnings on February 7th, 2024. For the quarter, earnings-per-share were $2.88, above the $2.46 the company reported in the same quarter of 2022.

Are dividend stocks worth it?

A dividend is typically a cash payout for investors made quarterly but sometimes annually. Stocks and mutual funds that distribute dividends are generally on sound financial ground, but not always. Stocks that pay dividends typically provide stability to a portfolio but may not outperform high-quality growth stocks.

How much is $10,000 in Tesla 10 years ago?

A $10,000 investment in Tesla back in April of 2014 would now be worth roughly $121,460 right now -- and that's even factoring in the stock's pullback this year.

Is Coca-Cola a safe stock?

Coca-Cola is a safe stock for dividend investors and with $15 billion in cash and top line revenue of $45 billion dollars, the company has plenty of resources to grow.

Is co*ke a good long-term stock?

Cash flow is projected to drop in 2024, but that's mainly because of one-time tax payment issues. The long-term outlook is highly positive for co*ke's cash trends, and so investors can count on further steady dividend growth over the coming years (and decades).

What is the best dividend company of all time?

Some of the greatest dividend stocks on Earth are brand-name, time-tested companies that have been increasing their payouts for decades. Perfect examples include Johnson & Johnson (JNJ 0.67%) and Coca-Cola (KO 0.68%), which have each increased their base annual payouts for 61 consecutive years.

What is the highest paying monthly dividend stock?

What is the most popular type of dividend?

Cash dividends

These are the most common types of dividends and are paid out by transferring a cash amount to the shareholders. These dividends are usually paid on a quarterly basis, although some companies may opt for a monthly, semiannual, or one-time lump-sum payment.

How often does McDonald's pay dividends?

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.7. Our premium tools have predicted McDonald's Corp with 95% accuracy. Sign up for McDonald's Corp and we'll email you the dividend information when they declare.

Did CocaCola raise dividend by 5.4% increasing yield advantage over PepsiCo?

Shares of Coca-Cola Co. gained Thursday, after the beverage giant raised its dividend, effectively increasing its yield advantage over rival PepsiCo Inc. Coca-Cola said it is raising its quarterly dividend by 5.4%, to 48.5 cents a share, from 46 cents a share.

What is CocaCola's free cash flow?

CocaCola annual free cash flow for 2023 was $9.821B, a 2.21% increase from 2022. CocaCola annual free cash flow for 2022 was $9.609B, a 15.46% decline from 2021. CocaCola annual free cash flow for 2021 was $11.366B, a 28.34% increase from 2020.