How Safe Is Coca-Cola's Dividend?
Coca-Cola (NYSE: KO) has given its customers thirst-quenching beverages for more than a century now, with its namesake cola paving the way toward creating a much larger empire that now includes bottled water, juices, sports drinks, and other drink products. For dividend investors, Coca-Cola has been a strong performer, building up a track record for regular dividend increases and safe, sustainable payouts.
With recent controversy, however, some investors worry that Coca-Cola might run into trouble ahead. By looking at Coca-Cola's fundamental business prospects, you can see whether it's smart to rely on its dividend being safe in the future.
Metric
Source: Fool.com
Coca-Cola Co. Stock
€61.75
1.350%
The stock is an absolute favorite of our community with 31 Buy predictions and no Sell predictions.
With a target price of 64 € there is a slightly positive potential of 3.64% for Coca-Cola Co. compared to the current price of 61.75 €.
