Investing in Coca-Cola can provide $1,000 in annual dividends with potential stock appreciation.

From Nasdaq.: 2024-06-26 06:09:00

Coca-Cola (NYSE: KO) is a reliable dividend stock known as a dividend king for consistently raising dividends for 62 years. Warren Buffett favors Coca-Cola for its strong dividend performance. To earn $1,000 in dividends annually, you would need to invest in 516 shares, costing $32,905. Coca-Cola’s payout ratio is usually around 75%, and the stock typically yields around 3%, more than double the S&P 500 average. Investing in Coca-Cola not only provides dividend income but also potential stock appreciation over time. The stock has gained 8% year-to-date without the dividend. The Motley Fool identified 10 top stocks for investment now, excluding Coca-Cola.

Investors considering Coca-Cola should note that the Motley Fool did not include it among the top 10 stocks for investors to buy now, based on potential returns. The Stock Advisor service, which has outperformed the S&P 500 since 2002, provides guidance on building a successful portfolio with regular analyst updates and stock picks. Investors should do thorough research before deciding to invest in Coca-Cola or any other stock.



Read more at Nasdaq.: Want $1,000 in Dividend Income? Here’s How Much You Have to Invest in Coca-Cola Stock