Coca-Cola (NYSE: KO) has raised its dividend for 64 consecutive years and yields about 2.4% at a share price near $90. I think it belongs in most income portfolios, though not for the reason most people ******* ume.
In February, Coca-Cola raised its quarterly payout from $0.51 per share to $0.53, bringing the annual dividend to $2.12 per share from $2.04. That was a 3.9% increase and the 64th straight year of growth, a streak that has survived recessions, inflation spikes, and repeated shifts in what people drink. This streak puts Coca-Cola on the elite list of Dividend Kings, companies that have grown their dividends for at least 50 consecutive years.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here is the honest part: A 2.4% yield doesn't sound like income for life. Five-year average dividend growth runs near 4.5%, and the payout ratio sits at 63.7%. The dividend alone will not drive strong near-term returns. What makes the case is what sits behind the payment.
Second-quarter net revenue rose 7% to $13.38 billion. Comparable earnings per share (EPS) grew 11% to $0.97 against a $0.93 estimate, and reported EPS jumped 16% to $1.03. Global unit case volume increased 5%, with every single reporting segment posting volume growth.
#Dividend #coca #years #flashing
In February, Coca-Cola raised its quarterly payout from $0.51 per share to $0.53, bringing the annual dividend to $2.12 per share from $2.04. That was a 3.9% increase and the 64th straight year of growth, a streak that has survived recessions, inflation spikes, and repeated shifts in what people drink. This streak puts Coca-Cola on the elite list of Dividend Kings, companies that have grown their dividends for at least 50 consecutive years.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here is the honest part: A 2.4% yield doesn't sound like income for life. Five-year average dividend growth runs near 4.5%, and the payout ratio sits at 63.7%. The dividend alone will not drive strong near-term returns. What makes the case is what sits behind the payment.
Second-quarter net revenue rose 7% to $13.38 billion. Comparable earnings per share (EPS) grew 11% to $0.97 against a $0.93 estimate, and reported EPS jumped 16% to $1.03. Global unit case volume increased 5%, with every single reporting segment posting volume growth.
#Dividend #coca #years #flashing
5 days ago
