2024-02-14 12:36:14 ET
Summary
- Coca-Cola is likely to raise its dividend for the 62nd straight year, but by no more than 2 cents.
- The stock price performance of Coca-Cola has been modest, with average annual returns of 8.6%.
- The company's dividend growth track record is impressive, but recent increases have been unimpressive.
- Investors looking for more than single-digit returns should look at other opportunities.
Coca-Cola (KO) is likely to raise its dividend for the 62nd straight year in mid-February, but by no more than 2 cents in my view....
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Coca-Cola: Do Not Buy The Likely February Dividend Hike