Coca-Cola’s dividend payout may not be as high as other options, but it offers stability and growth potential. Dividends have accounted for 31% of the stock market’s gains since 1926, making them crucial for long-term investing. Meanwhile, Phillip Morris International has shifted successfully to alternative tobacco products. Coca-Cola’s stock has a dividend yield of 2.71% and has seen shares increase by 58% in the last five years. On the other hand, Phillip Morris offers a 3.3% dividend yield and is focusing on smoke-free products, with 41% of sales coming from these alternatives.

Read more at Nasdaq: 2 Legendary Dividend Stocks to Buy and Hold Forever