Should You Buy Coca-Cola Stock Before July 28?
Coca-Cola is trading near all-time highs in July.
Overview
Coca-Cola (NYSE: KO) is due to report its second-quarter earnings on the morning of July 28. There are a few good reasons investors should consider buying the stock in advance, even though it recently hit an all-time high. Let's have a look.
The beverage company has exceeded earnings expectations for four consecutive quarters, and while Coca-Cola isn't shattering any growth records, it remains consistent.
Details
Coca-Cola investors are also rewarded on the income side. The company has raised its dividend for 64 consecutive years, making it a true Dividend King -- a company that has raised its dividend for at least 50 consecutive years. Right now, the stock is yielding about 2.5%. The company currently pays $0.53 per share quarterly.
Source
Originally published at www.fool.com.