Are you looking for a balance of above-average dividend yield and reliable dividend payment growth? Join the club. It seems most dividend-paying stocks bring lots of one to the table, but not enough of the other.

There is one such well-balanced name hiding in plain sight, however. Dow Jones Industrial Average (DJINDICES: ^DJI) component The Coca-Cola Company (NYSE: KO) fits the bill. And it should continue providing this balance of yield and dividend growth indefinitely.

It's not a company that needs much in the way of an introduction. Its flagship product's been around since 1886, and has since evolved into a truly global brand. It ranked as market research firm Kantar's single most valuable worldwide food and beverage brand for 2022, in fact. Its red and white swoop logo is recognized everywhere.

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Source Fool.com