10 Best Strong Buy Dividend Stocks to Invest in Now

6. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 87

The Coca-Cola Company (NYSE:KO) has outperformed in a struggling consumer staples sector, where many food and beverage stocks have hit long-term lows due to inflation and high interest rates. These factors have dampened demand, especially among lower-income consumers.

Shifting preferences toward healthier options have also played a role. The Coca-Cola Company (NYSE:KO)’s latest results showed strong volume growth in Coca-Cola Zero Sugar, Diet Coke, Fanta, Fairlife, BodyArmor, and Powerade— highlighting the success of its investment in low-sugar and diet products.

Investor confidence in The Coca-Cola Company (NYSE:KO) has recently strengthened, partly due to its resilience against potential tariff effects. In the second quarter of 2025, the company posted solid results, with revenue reaching $12.6 billion, up 1% year-over-year and $42 million above analyst expectations. Operating income surged by 63%, and on a comparable currency-neutral basis, it rose by 15%.

The Coca-Cola Company (NYSE:KO) is also a strong dividend payer, having raised its payouts for 63 consecutive years. The company offers a quarterly dividend of $0.51 per share and has a dividend yield of 2.94%, as of July 29.