3 Dividend Stocks With Better Yields Than Coca-Cola
If you're looking for a good dividend stock, the three things that probably matter the most are the company's yield, its ability to maintain the payout, and its prospects for raising its dividend regularly. These three big things have made The Coca-Cola Co (NYSE: KO) a dividend-investing stalwart for decades. Coca-Cola offers a solid payout, plenty of earned cash to support its payouts, and sports a history of dividend growth every year for decades -- and it yields 3.2% at recent share prices, .
But Coke is facing challenges as consumers move away from soda, cutting into the company's profits and putting pressure on its ability to continue growing payouts. That's not to say the company is in trouble, but there are better investments to be found. Three that our contributing investors particularly like are energy midstream-giant Magellan Midstream Partners, L.P. (NYSE: MMP), utility stalwart Dominion Energy Inc (NYSE: D), and a real estate investment company banking on a huge trend, Caretrust REIT Inc (NASDAQ: CTRE).
Not only do all three offer higher yields than Coca-Cola, but they're also in better positions to grow their dividends.
Source: Fool.com
