KDP - Thirsty for More Income? Take a Sip of These High-Yield Dividend Stocks.
2024-03-23 08:24:00 ET
Dividend stocks come from all industries. One sector that currently offers some satisfying payouts is the beverage industry. Coca-Cola (NYSE: KO) , Starbucks (NASDAQ: SBUX) , and Keurig Dr Pepper (NASDAQ: KDP) boast dividend yields of 2.5% or higher, putting them well above the S&P 500 's current dividend yield of less than 1.4%.
Here's why those seeking to collect more dividend income should look closer at these beverage stocks .
Coca-Cola's dividend yields 3.2%. The beverage giant has an exceptional record of increasing its dividend payments. It gave its investors a 5.4% raise earlier this year. That marked its 62nd consecutive annual dividend increase. It kept Coca-Cola in the elite group of Dividend Kings , companies with 50 or more years of dividend increases.
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Thirsty for More Income? Take a Sip of These High-Yield Dividend Stocks.