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Markets · Investing · Business
Finance
This Dividend Stock Yielding More Than 4x the Nasdaq-100 Looks Like a Buy Right Now
One of the "other" Coke stocks, Coca-Cola Europacific Partners, may be an underappreciated dividend name.
Spend enough time studying index inclusion rules, and investors will learn that one requirement for entry into the S&P 500 is that the company be based in the U.S. That's not the case with the Nasdaq-100 index, which allows foreign companies to be included.
Granted, the smattering of ex-U.S. companies in the Nasdaq-100 is small. Just 3% of the index's weight, but there are some interesting names among that group, including some for dividend investors. Enter Coca-Cola Europacific Partners(NASDAQ: CCEP).
This Coca-Cola bottling stock could become a dividend star over the long term.
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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.
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