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Is Coca-Cola a Great Dividend Stock?


Coca-Cola (NYSE: KO) shareholders have benefited from one of the most robust dividends in Wall Street history. The company has paid dividends for more than 100 years, and delivered its 59th consecutive annual payout hike in 2021. However, AT&T just provided the market with a grim reminder that even companies with long-standing traditions of boosting their dividends can't guarantee that those regular increases will continue forever.

That makes this an opportune moment for investors to take a closer look at Coca-Cola and gauge its capacity for remaining a great dividend stock.

Image source: Getty Images.

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Source Fool.com

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