Here's How Many Shares of Coca-Cola You'd Need to Buy for $1,000 in Yearly Dividends
Coca-Cola has raised its dividend for 62 consecutive years. Here's what it takes to turn that streak into $1,000 (or more) of annual income.
Here's How Many Shares of Coca-Cola You'd Need to Buy for $1,000 in Yearly Dividends
Overview
There's something satisfying about getting paid to own a piece of a business. You buy shares, the company sends you money every so often, usually once per quarter, and you don't have to lift a finger.
Coca-Cola (NYSE: KO) has been doing exactly that for its shareholders since before your grandparents were born. The beverage giant has paid dividends for over a century and raised them for 62 consecutive years, making it a Dividend King (a title reserved for companies with at least 50 consecutive years of annual dividend increases).
Details
So how many Coke shares would you actually need in order to collect $1,000 a year in dividends?
Source
Originally published at www.fool.com.
