In the past 12 months, the stock has delivered a nearly 4% return to shareholders, which makes it one of the best dividend stocks on our list. In the third quarter of 2024, The Coca-Cola Company (NYSE:KO) reported revenues close to $12 billion, surpassing analysts' expectations by $290 million.
The Coca-Cola Company ( KO ) pays dividends on a quarterly basis. The Coca-Cola Company ( KO ) has increased its dividends for 53 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.
Today, the stock trades at just under 22 times 2024 earnings, notably below its five-year average price-to-earnings ratio of 26. That makes the stock a buy today because even if you still don't think it's a bargain, investors will probably realize most of Coca-Cola's future growth and dividends as investment returns.
Slow growth
Through the last three years, revenue growth has been slowing for Coca-Cola, dropping from 17.3% in 2021 (a big number largely due to the bounce back from COVID in 2020) to just under 7% revenue growth in 2023. In its most recent quarter, the company actually reported revenue declines of 1%.
KO Stock 12 Month Forecast
Based on 15 Wall Street analysts offering 12 month price targets for Coca-Cola in the last 3 months. The average price target is $73.54 with a high forecast of $82.00 and a low forecast of $67.00. The average price target represents a 20.42% change from the last price of $61.07.
We have never declared or paid cash dividends on our common stock.
Coke, Pepsi, and P&G stand out as three ultra-safe dividend stocks ideal for risk-averse investors. The companies Dividend Kings -- meaning they have paid and raised their dividends for at least 50 consecutive years.
Each stock you invest in should take up, at most, 3.33% of your portfolio. “If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1,000 per month.”
Dividends can be classified either as ordinary or qualified. Whereas ordinary dividends are taxable as ordinary income, qualified dividends that meet certain requirements are taxed at lower capital gain rates.
Coca-Cola (NYSE: KO) is often considered one of the most reliable income stocks in the market -- and for good reason. It has paid dividends for over 60 years and has never cut its dividend payment in that time.
That's right: $776 million for holding 400 million shares. According to Moneywise, this massive payout comes from Coca-Cola upping its quarterly dividend to 48.5 cents per share. If you're doing the math, that's $0.485 x 4 x 400,000,000.
Despite exceeding the Zacks Consensus Estimate for earnings and revenues, the company reported a 1% year-over-year revenue drop. This was led by volume declines across most operating segments, as gains from improved pricing were offset by reduced concentrate sales and unfavorable currency rates.
Walmart has increased its annual cash dividend every year since first declaring a $0.05 per share annual dividend in March 1974. For additional historic dividend information, please see our annual reports.
Apple, Inc. Dividend related ratios: Last dividend date: 2024-10-31. Current Dividend Yield: 0.62%
Tesla has never declared dividends on our common stock. We intend on retaining all future earnings to finance future growth and therefore, do not anticipate paying any cash dividends in the foreseeable future.
The Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.
Apple. Apple (NASDAQ: AAPL) has ranked as the largest holding in Buffett's Berkshire Hathaway portfolio for several years. The iPhone maker is still at the top early in the new year. Berkshire owns 300 million shares of Apple worth around $73.2 billion, representing 24.8% of its total holdings.
The Coca-Cola stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock.
“Share a Coke” Returns with More Names, More Flavors and More Ways to Enjoy Ice-Cold Summer Refreshment :: The Coca-Cola Company (KO)
From October 1928 to August 1929, Coca-Cola's stock price moved from $120 to $155 then stalled going into the Stock Market Crash of October 1929. The stock dropped to $122, recovered a bit and then fell again to $101 in mid-November of 1929. This was a terrifying time for investors because some people lost everything.