Double up on Dividend Stocks with Ko, Nee, and Vici
Coca-Cola's 5.2% dividend increase marks its 63rd consecutive year of raising payouts, solidifying its position as a Dividend King. The company's long-term target is to deliver 4-6% organic revenue growth, accompanied by 7-9% earnings-per-share growth, allowing it to maintain a stable and attractive dividend yield. Coca-Cola has generated $10.8 billion in free cash flow last year, providing ample capacity for value-enhancing acquisitions.
- The concentration of dividend growth among these three stocks could create an opportunity for investors to build a highly diversified portfolio with a strong income component.
- How will the increasing emphasis on ESG (Environmental, Social, and Governance) considerations by institutional investors impact the long-term attractiveness of dividend-paying stocks like KO, NEE, and VICI?