5 Best Dividend Stocks of All Time

In this article, we discuss the best dividend stocks of all time. You can skip our detailed analysis of dividend stocks and their returns over the years, and go directly to read 15 Best Dividend Stocks of All Time.

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

Dividend Yield as of November 25: 2.81%

An American multinational beverage company, The Coca-Cola Company (NYSE:KO) was lauded by Street analysts due to its recent quarterly beat. In October, both UBS and Barclays raised their price targets on the stock to $68 and $67, respectively. UBS maintained a Buy rating on the stock.

The Coca-Cola Company (NYSE:KO) has always managed to have a strong balance sheet. In the first nine months of the year, the company reported an operating cash flow of $8.1 billion while it generated $7.3 billion in free cash flow during this period. The company’s revenue for the third quarter showed an 11% year-over-year growth at $11.1 billion.

The Coca-Cola Company (NYSE:KO) has paid regular dividends to shareholders since 1920 and has raised its dividends consistently for the past 60 years. The company currently pays a quarterly dividend of $0.44 per share and has a dividend yield of 2.81%, as recorded on November 25.

At the end of Q3 2022, Berkshire Hathaway was the largest stakeholder of The Coca-Cola Company (NYSE:KO) with 400 million shares. Overall, 59 hedge funds in Insider Monkey’s database owned stakes in the company in Q3, with a total value of over $25 billion.

Carillon Tower Advisers mentioned The Coca-Cola Company (NYSE:KO) in its Q3 2022 investor letter. Here is what the firm has to say:

“Shares of The Coca-Cola Company (NYSE:KO) sold off with consumer staples even as the company reported strong pricing for the second quarter. On average, product prices rose with management hinting at further momentum.”