My Top Dividend Stock to Buy in July and Hold Forever
This has proven to be one of the most resilient consumer brands in recent years.
Overview
Coca-Cola (NYSE: KO) is my top dividend stock to buy right now due to its strong brand power, long record of dividend growth, and above-average yield.
Shares are up 18% year to date, outperforming the S&P 500's roughly 10% return. The stock still yields close to 2.6% based on its quarterly dividend of $0.53 per share, making it a solid dividend stock to consider right now.
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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.