Patience may pay off for KO holders, but beware...
The Coca-Cola Co (KO) manufactures, distributes, and markets
nonalcoholic beverages worldwide. This dividend king has paid uninterrupted
dividends on its common stock since 1893 and increased payments to common
shareholders every for 55 years in a row. Warren Buffett’s Berkshire Hathaway
Inc.‘s (BRK.A,BRK.B) is the largest shareholder of the world’s largest beverage
company.
The company’s last dividend increase was in February 2017
when the Board of Directors approved an 5.70% increase to 37 cents per share.
Coca-Cola’s largest competitors include PepsiCo, Inc. (PEP), Dr Pepper Snapple
Group Inc. (DPS) and Monster Beverage Corporation (MNST).
Over the past decade this dividend growth stock has
delivered an annualized total return of 8.90% to its shareholders.
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