Thirsty for More Income? Take a Sip of These High-Yield Dividend Stocks.
Dividend stocks come from all industries. One sector that currently offers some satisfying payouts is the beverage industry. Coca-Cola (NYSE: KO), (NASDAQ: SBUX), and Keurig Dr Pepper (NASDAQ: KDP) boast dividend yields of 2.5% or higher, putting them well above the S 500's current dividend yield of less than 1.4%.
Here's why those seeking to collect more dividend income should look closer at these beverage stocks.
Coca-Cola's dividend yields 3.2%. The beverage giant has an exceptional record of increasing its dividend payments. It gave its investors a 5.4% raise earlier this year. That marked its 62nd consecutive annual dividend increase. It kept Coca-Cola in the elite group of Dividend Kings, companies with 50 or more years of dividend increases.
Source Fool.com