Meet the Dividend King Stock That Yields More Than Double the S&P 500 and Just Raised Its Dividend for the 64th Straight Year
This industry-leading business can quench investors' thirst for a dependable income stream.
Overview
These days, investors have valid concerns about the stock market's valuation. The ongoing artificial intelligence boom also adds fears about possible disruption. It doesn't help that the broader economy is characterized by heightened uncertainty.
This supports the view that it's time for investors to consider opportunities that generate consistent income. If this sounds like the approach you're interested in, look at Coca-Cola (NYSE: KO).
Details
This Dividend King stock yields 2.55%, more than double the yield of the S&P 500 index, and it just raised its dividend for the 64th straight year.
Source
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.