3 Dividend Stocks That Pay Better Than Coca-Cola

Coca-Cola (NYSE: KO) is a classic defensive stock with a 3.6% dividend yield. Even in recessions, people will still purchase soft drinks.

But while Coca-Cola is one of the most powerful and recognizable brands in the world, COVID-19 has shut down restaurants, which are a major source of revenue for the company and threatening the company's earnings performance.

If you are looking for dividend-producing stocks that pay better than Coke but are a little less affected by the pandemic, what companies should you consider? Here are three options.

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Source Fool.com