Coca-Cola Just Hit an All-Time High. Here's How Much $25,000 Invested Pays Annually.
It's thriving in a tough environment.
Overview
Coca-Cola (NYSE: KO) wowed the markets with its latest earnings update, demonstrating why it's a powerhouse stock and one of Warren Buffett's favorites. Despite what management acknowledged as a challenging operating environment, it reported a 6% increase in organic revenue and comparable operating margin of 35.6%, up 34.7% from last year.
The stock is clearly an excellent defensive play, as it has been for decades. That's underpinned by its stellar dividend. Here's how much a $25,000 investment pays annually in passive income.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.