Why You Might Want to Avoid This Dividend Aristocrat
Income investors often put Dividend Aristocrats -- companies that have raised their dividends annually for at least 25 straight years -- on a pedestal. Many of those companies certainly deserve respect, since they've paid uninterrupted dividends through multiple bear markets.
However, investors shouldn't blindly buy Dividend Aristocrats without examining their core businesses. For example, Coca-Cola (NYSE: KO) -- which has raised its dividend annually for over half a century and whose stock yields 3.25% at the current price -- isn't really a great investment right now, for four simple reasons.
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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 €.
