From BigGo Finance · BigGo Finance · · 1m
Coca-Cola's $2.12 Dividend: 472 Shares Pay $1,000 Year
Coca-Cola's $2.12 dividend requires 472 shares to earn $1,000 yearly, outperforming the Magnificent Seven.
In brief
Coca-Cola's $2.12 dividend requires 472 shares to earn $1,000 yearly, outperforming the Magnificent Seven. Coca-Cola's $2.12 annual dividend needs 472 shares to yield $1,000 yearly, with the stock up 34% this year versus the Magnificent Seven. Originally reported by BigGo Finance.
Coca-Cola's Dividend Math
Coca-Cola closed at $92 on Oct. 15, needing 472 shares to earn $1,000 yearly from its $2.12 dividend.
Stock Performance This Year
The stock has climbed nearly 34% this year, outpacing the Magnificent Seven despite 10- and 30-year Treasury yields above 5%.
Dividend Streak
Coca-Cola has raised its dividend for 65 consecutive years, a record among consumer staples.
Fountain Wins
KFC, Marriott International, and Costco have switched to Coca-Cola beverages, boosting the stock's case.
Investment Plan
A $200 monthly investment over ten years would grow to $37,800 with over $3,800 in dividends and a 3.5% annualized yield.
Why the Yield Lags Treasuries
With 10- and 30-year Treasury yields above 5%, Coca-Cola's 2.31% yield appears thin but the stock has outperformed.
The headline
Coca-Cola's $2.12 annual dividend needs 472 shares to yield $1,000 yearly, with the stock up 34% this year versus the Magnificent Seven.
