5 Best Dividend Stocks of All Time

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In this article, we discuss 5 dividend stocks of all time. If you want to read our detailed analysis of the past performance of dividend stocks, go directly to read 10 Best Dividend Stocks of All Time

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

Dividend Yield as of July 19: 2.85%

An American beverage company, The Coca-Cola Company (NYSE:KO) was added to Wells Fargo’s recession stock portfolio, as the stock is up 4.67% year-to-date, as of the close of July 19. The firm has an Overweight rating on the stock.

In Q1 2022, The Coca-Cola Company (NYSE:KO) generated $400 million in free cash flow and expects the number to reach $10.5 billion in FY22. The company’s cash flow from operations stood at $620 million at the end of the quarter. In February, The Coca-Cola Company (NYSE:KO) raised its quarterly dividend for the 60th consecutive year to $0.44 per share. Its payout ratio stands at 71.7%, improving from 82.2% in 2021. As of July 19, the stock’s dividend yield came in at 2.85%.

At the end of Q1 2022, 64 hedge funds in Insider Monkey’s database owned stakes in The Coca-Cola Company (NYSE:KO), down from 70 a quarter earlier. These stakes hold a collective value of over $29 billion. Warren Buffett’s Berkshire Hathaway was the largest stakeholder of the Georgia-based company in Q1, owning 400 million shares.

ClearBridge Investments mentioned The Coca-Cola Company (NYSE:KO) in its Q4 2021 investor letter. Here is what the firm had to say:

“Over the last year, we have repositioned our portfolio to navigate the course we see ahead. We added to more defensive areas of the portfolio like consumer staples (Coca-Cola). While the next month or two will likely prove choppy on account of the Omicron variant, we believe that Omicron, like Delta, represents a speed bump on the way to recovery rather than a true change in course. We see strong economic momentum continuing in 2022 and we expect interest rates to rise. After a decade of remarkably low rates, we would not be surprised if this change in direction is accompanied by some fits and starts in the markets. With our emphasis on pricing power, purposeful sector exposure, valuation discipline, and a strong dividend profile, we believe we are well-positioned for the year ahead.”

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