5 Best Food Dividend Stocks To Buy Now

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

Number of Hedge Fund Holders: 57

The Coca-Cola Company (NYSE:KO) is an American multinational snack and beverage company. The company has consistently increased its dividends for 61 years. Each quarter, it offers shareholders a dividend of $0.46 per share and as of November 27, the stock has a dividend yield of 3.15%.

As of the end of September 2023, 57 hedge funds in Insider Monkey’s database owned stakes in The Coca-Cola Company (NYSE:KO), down from 61 in the preceding quarter. The total value of these stakes is over $25 billion. Warren Buffett’s Berkshire Hathaway was the company’s largest stakeholder in Q3.

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