5 Best Long-Term Dividend Stocks To Buy Now

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

Number of hedge fund holders: 62

Consecutive Years of Dividend Growth: 59    

Forward Dividend Yield: 3.17%  

The Coca-Cola Company (NYSE:KO) is a Georgia-based beverage company. It is ranked third on our list of 12 best long-term dividend stocks to buy now.

On July 22, investment advisory Truist maintained a Buy rating on The Coca-Cola Company (NYSE:KO) stock and raised the price target to $65 from $60, underlining that the firm remained a part of the reopening trade and had long-term profitability. 

Out of the hedge funds being tracked by Insider Monkey, Nebraska-based firm Berkshire Hathaway is a leading shareholder in The Coca-Cola Company (NYSE:KO) with 400 million shares worth more than $21 billion.