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Coca-Cola Stock Dividend: What You Need to Know in 2023

Investing in dividend-paying stocks can be a great way to generate passive income and grow your wealth over time. Coca-Cola (KO) is one of the most popular dividend stocks in the world, and its dividend yield has outpaced inflation for over 50 years.

In 2023, Coca-Cola is expected to pay a quarterly dividend of $0.44 per share, which equates to an annual dividend yield of 2.8%. This is a slightly lower yield than the S&P 500 index, which currently has a dividend yield of 3.1%. However, Coca-Cola's dividend is considered to be very safe, and the company has a long history of increasing its dividend payments.

Why Coca-Cola Is a Good Dividend Stock

There are several reasons why Coca-Cola is a good dividend stock. First, the company has a strong brand and a loyal customer base. Coca-Cola is one of the most recognizable brands in the world, and its products are sold in over 200 countries. This gives the company a significant competitive advantage, as it is able to charge a premium for its products.

coca cola stock dividend

Second, Coca-Cola has a strong financial position. The company has a low debt-to-equity ratio and a healthy cash flow. This gives Coca-Cola the flexibility to continue paying its dividend even during economic downturns.

Third, Coca-Cola has a long history of increasing its dividend payments. The company has increased its dividend for 59 consecutive years, which is one of the longest streaks in the S&P 500 index. This shows that Coca-Cola is committed to returning cash to its shareholders.

Coca-Cola Stock Dividend: What You Need to Know in 2023

How to Invest in Coca-Cola Stock

If you are interested in investing in Coca-Cola stock, there are a few things you need to do. First, you need to open a brokerage account. Once you have a brokerage account, you can buy Coca-Cola stock through the exchange.

Why Coca-Cola Is a Good Dividend Stock

You can also buy Coca-Cola stock through a dividend reinvestment plan (DRIP). DRIPs allow you to automatically reinvest your dividends in more Coca-Cola stock. This can be a great way to build your position in Coca-Cola over time.

Conclusion

Coca-Cola is a good dividend stock for investors who are looking for a safe and reliable source of income. The company has a strong brand, a loyal customer base, and a strong financial position. Coca-Cola has also increased its dividend payments for 59 consecutive years. If you are looking for a dividend stock that you can hold for the long term, Coca-Cola is a good option.

Additional Information

Here is some additional information about Coca-Cola stock:

Ticker symbol: KO
Exchange: NYSE
Market capitalization: $245 billion
Dividend yield: 2.8%
Dividend payout ratio: 60%
5-year dividend growth rate: 6%

Tables

Here are some tables that provide additional information about Coca-Cola stock:

Year	Dividend per Share	Dividend Yield
2023	$0.44	2.8%
2022	$0.42	2.7%
2021	$0.40	2.6%
2020	$0.39	2.5%
2019	$0.38	2.4%

Year	Revenue	Net Income
2022	$43 billion	$10 billion
2021	$38 billion	$8 billion
2020	$33 billion	$7 billion
2019	$32 billion	$6 billion
2018	$31 billion	$5 billion

Year	Debt-to-Equity Ratio	Cash Flow
2022	1.0	$10 billion
2021	0.9	$8 billion
2020	0.8	$7 billion
2019	0.7	$6 billion
2018	0.6	$5 billion

FAQs

Here are some frequently asked questions about Coca-Cola stock:

Is Coca-Cola a good dividend stock?
Yes, Coca-Cola is a good dividend stock. The company has a strong brand, a loyal customer base, and a strong financial position. Coca-Cola has also increased its dividend payments for 59 consecutive years.
What is Coca-Cola's dividend yield?
Coca-Cola's dividend yield is 2.8%.
How can I buy Coca-Cola stock?
You can buy Coca-Cola stock through a brokerage account or a dividend reinvestment plan (DRIP).
How often does Coca-Cola pay dividends?
Coca-Cola pays dividends quarterly.