Coca-Cola is strong dividend stock
Depending on what kind of an investor you are this stock might or might not be for you. If you are looking for a growth stocks maybe Coca-Cola stock isn’t best option for you.
Coca-Cola stock is very strong dividend stock which has grown in past 20 years.
If you are looking to invest into dividend stocks you will want to have this bad boy in it. With its dividend yield of 2.89% it is attractive stock to own.
Ofcourse you might find other stocks with much higher dividend yield but yield is not the only thing that we should look at when deciding on which dividend stock are we going to invest.
Most attractive thing in Coca-Cola stock for me is its stable past. Lets be realistic Coca-Cola is not going anywhere. Everywhere you go you will see Coca-Cola signs.
How often does Coca-Cola pay dividends?
Coca-Cola is paying out dividends quarterly. Which means it is going to pay you out every 3 months.
Current dividend amount per quarter is $0.49 which makes it $1.96 per year for every share you own!
Take this as an example if you owned 10 stocks of Coca-Cola you would be getting $4.9 per quarter or $19.6 per year!
