My Top Dividend Growth Stock to Buy in July and Hold Forever
The company has a deep commitment to dividends.
Overview
As the nation celebrates its 250th birthday and people head to the beach, it's also a good time to do a mid-year review of your investments. For investors seeking dividend growth, Coca-Cola (NYSE: KO) stands out. Here's why this company belongs in your forever portfolio.
Image source: Getty Images.
Coca-Cola has built an impressive track record of raising dividends. When the board of directors hiked the quarterly payout earlier this year, it brought the company's streak to 64 straight years. That makes Coca-Cola a Dividend King, an illustrious group of stocks that have increased their dividends for at least 50 straight years.
Details
Source
Originally published at www.fool.com.
Related Articles
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.