Want Income for Life? Coca-Cola Has Raised Its Dividend for 64 Straight Years and Yields 2.5%. Here's Whether It Belongs in Your Portfolio.
Coca-Cola is a reliable long-term investment, but it isn't a perfect one.
Overview
Coca-Cola (NYSE: KO), the world's largest beverage maker, is a classic dividend stock. It's raised its dividend annually for 64 straight years, making it a Dividend King that has maintained that streak for at least five decades. It pays a respectable forward yield of 2.5%.
But with the 10-Year Treasury yield at 5.3%, does it still make sense to invest in Coca-Cola's riskier, lower-yielding stock? Let's review its strengths and weaknesses to decide.
Image source: Coca-Cola.
Details
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.