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Coca-Cola's Pricing Power Reinforces the Sustainability of Its Dividend

TheMotleyFool

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Coca-Cola's Pricing Power Reinforces the Sustainability of Its Dividend: https://g.foolcdn.com/editorial/images/706523/coca-cola-earnings-review.jpg

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

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