11 Best Dividend Aristocrat Stocks to Invest in Now

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

Number of Hedge Fund Holders: 87

The Coca-Cola Company (NYSE:KO) is among the best dividend aristocrat stocks on our list. Nearly half of the original members of the Dividend Aristocrats Index have retained their place since its inception on May 2, 2005. Out of the initial 57 companies, 24 are still part of the index, and Coca-Cola is one of them.

The Coca-Cola Company (NYSE:KO), a long-time favorite of Warren Buffett, remains a highly profitable business supported by a strong global customer base and a well-established distribution network. Its core Coca-Cola products continue to generate most of its revenue, while the acquisition of newer brands contributes to accelerated sales growth. These new additions are efficiently incorporated into the company’s vast distribution system, which not only drives higher sales but also improves margins by enhancing operational efficiency.

The Coca-Cola Company (NYSE:KO) holds a 63-year streak of consistent dividend growth. The company offers a quarterly dividend of $0.51 per share and has a dividend yield of 2.9%, as recorded on June 27.