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With a yield of 2.83%, Coca-Cola’s dividend is still safe.For one, the company has a stable 63-year history of dividend payments. It just paid out a 51-cent dividend ($2.04 annualized) on April 1.
Coca-Cola stock zoomed higher as the market tumbled on Thursday. The company has been performing well despite the volatile macroeconomy. It just raised its dividend for the 63rd consecutive year.
Porcshe Moran is the founder of PRN Media and a co-founder of HER magazine. She has 10+ years of experience as a journalist. Robert Kelly is managing director of XTS Energy LLC, and has more than ...
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