5 Best Dividend Stocks of All Time

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

Number of Hedge Fund Holders: 62
Consecutive Years of Dividend Payments: 104

An American multinational beverage company, The Coca-Cola Company (NYSE:KO) is next on our list of the best dividend stocks of all time. On February 15, the company announced a 5.4% hike in its quarterly dividend to $0.485 per share. Through this increase, the company stretched its dividend growth streak to 62 years. Moreover, it has been making regular dividend payments to shareholders since 1920. In 2023, it returned nearly $8 billion to shareholders through dividends. The stock’s dividend yield on April 6 came in at 3.26%.

At the end of December 2023, 62 hedge funds held stakes in The Coca-Cola Company (NYSE:KO), growing from 57 in the previous quarter, as per Insider Monkey’s database. The collective value of these stakes is nearly $27 billion. With 400 million shares, Berkshire Hathaway was the company’s leading stakeholder in Q4.