
"Warren Buffett's all-time favorite stock, Coca-Cola (NYSE:KO), is one of the world's largest beverage companies. It has a strong brand, enjoys loyalty, and is a staple among consumers. The brand has a wide portfolio of products that include soft drinks, teas, coffee, and juices. Coca-Cola hiked product prices yet managed to generate higher revenue and sales. It is an asset-light business that focuses on producing and selling syrup concentrate to bottling partners."
"A dividend aristocrat, Coca-Cola has increased dividends for 63 consecutive years. It has a yield of 2.90% and pays an annual dividend of $2.04. The company has a payout ratio of 67.85% and has the liquidity to increase it in the coming years. In the third quarter, Coca-Cola reported a revenue of $12.5 billion, up 5% year over year, while the organic revenue grew 6%."
Dividend stocks can provide steady income and compound returns when dividends are reinvested. Coca-Cola, a global beverage leader, benefits from a strong brand, diverse product portfolio, and loyal customers. The asset-light model, focused on producing and selling syrup concentrate to bottling partners, supports high profit margins and significant cash flow that rewards shareholders. Coca-Cola has raised dividends for 63 consecutive years, yields 2.90%, and pays $2.04 annually with a payout ratio near 67.85% and liquidity to raise payouts. Recent results showed revenue growth, improved organic revenue, and stronger operating income and EPS year over year, indicating resilience.
Read at 24/7 Wall St.
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