Coca-Cola Dividend Raise Will Increase Attractiveness
As someone who often writes about value stocks and consumer goods names, I get a lot of questions about the large beverage names. That includes names like Coca-Cola (KO), PepsiCo (PEP), and Dr Pepper Snapple (DPS). For the most part, Coca-Cola has been my favorite, but the gap has narrowed as we enter 2013. Today, I'll show why I still like the name, but that the company will need to increase its dividend to increase the attractiveness of this stock.
Coca-Cola, the dividend favorite:
This stock has always been a dividend favorite because as the website says, "The Coca-Cola Company has paid a quarterly dividend since 1920 and has increased dividends in each of the last 50 years." You won't find many companies that have paid dividends for that long, and even less that have raised their dividends for 50 straight years. I put together the following chart READ FULL ARTICLE HERE