Is Coca-Cola Still a Great Dividend Stock?
Investing in dividend stocks can be an excellent way to generate passive income. Companies that pay dividends tend to be more mature, profit-generating operations that have established lines of business and a loyal base of customers. Their ability to regularly pay out excess profits in the form of dividends suggests they are a less risky investment than the average stock.
One such company with a long history of profit generation and dividend payouts is Coca-Cola (NYSE: KO). The company is really good at generating cash, maintaining excellent profit margins, and the stock offers a generous dividend yield of 3%. Even better, Coca-Cola stock happens to be selling at a reasonable price right now.
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Source Fool.com
