UNP - Coca-Cola Is a Rock-Solid Dividend King but So Is This Dirt-Cheap Value Stock That Paid $3 Billion in Dividends Over the Past Year
2024-07-16 04:18:00 ET
With 62 consecutive years of dividend raises, Coca-Cola is one of the safest and most consistent Dividend Kings . Its high yield, track record, and recession-resistant business model make Coke the embodiment of a blue chip dividend stock.
However, there are plenty of other reliable dividend stocks. Union Pacific (NYSE: UNP) is one of North America's largest railroads, with a particular focus on the western two-thirds of the U.S. Over the past year, it paid $3.17 billion in dividends.
With its shares down 7% year to date, here's why Union Pacific is a quality dividend stock worth buying now.
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Coca-Cola Is a Rock-Solid Dividend King, but So Is This Dirt-Cheap Value Stock That Paid $3 Billion in Dividends Over the Past Year