Coca-Cola's Pricing Power Reinforces the Sustainability of Its Dividend
To fight inflationary cost pressure, Coca-Cola (NYSE: KO) raised prices on its portfolio of products. Consumers hardly flinched, continuing to buy its tasty beverages. That demonstration of pricing power reinforces the sustainability of Coca-Cola's dividend long term.
Stock prices used were the afternoon prices of Oct. 27, 2022. The video was published on Oct. 29, 2022.
Source Fool.com