Coke’s dividend is sweet, but these two stocks offer comparable yields and better long-term prospects.
Coca-Cola’s (NYSE:KO) stock packs a 2.9% dividend yield, and the company has achieved Dividend King status by raising its payout for more than 50 years straight.
Is Coke a good dividend stock?
Not surprisingly, that startling fact places it squarely in the list of so-called dividend aristocrats. The quarterly dividend announced by Coca-Cola in February 2019 was 40 cents a share. That represents a yield of about 3.41%, roughly double the average dividend paid by consumer goods stocks.
Is Coca Cola stock a good buy?
In this environment, marked by fears of a potential global recession and a seemingly endless string of market downdrafts, it’s a great day to buy a safe-haven stock with solid financials, a lucrative dividend yield, and great growth potential — a stock like global beverage behemoth Coca-Cola (NYSE:KO).
Is Pepsi a good dividend stock?
PepsiCo has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 2.6% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ”DividendRank” report.
What are the 10 best dividend paying stocks?
The 10 top-performing dividend stocks of 2019
|8||Phillips 66 Partners (NYSE:PSXP)||5.6%|
|9||The Southern Company (NYSE:SO)||4%|
|10||Brookfield Infrastructure Partners (NYSE:BIP)||4%|
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What is the best dividend stock?
Best Dividend Stocks: Top 5
|Company/Benchmark Index||Symbol||Yield (%)|
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How much is Coke stock dividend?
Keith Noonan covers technology, entertainment, and other fields. Coca-Cola’s (NYSE:KO) stock packs a 2.9% dividend yield, and the company has achieved Dividend King status by raising its payout for more than 50 years straight.