Coca-Cola Is About to Do Something It Hasn't Done in 10 Years
Coca-Cola (NYSE: KO) is one of Warren Buffett's favorite stocks, and this Dividend King has rewarded shareholders with increasing, high-yielding dividends for more than six decades.
But believe it or not, it's still in the middle of a recovery after sales fell off a cliff several years ago, and 2024 might signal the culmination of that recovery. Let's dig in and see how it's likely to play out, and why it's important to investors.
Many people think of Coca-Cola as the prime beverage superstar. It's the largest beverage company in the world, with $46 billion in trailing-12-month revenue, and sales have steadily increased since bottoming out early in the pandemic; they're up almost 37% since the worst of that time.
Source Fool.com
