Coca-Cola Requires Hefty Investment for Dividend Income
Coca-Cola is one of the most reliable dividend stocks on the market, having raised its payout annually for an impressive 64 years.
With a yield below average at 2.4% and a price gain that's more than doubled the S&P 500 this year, investors are taking notice.
To reach $10,000 in annual dividends from Coca-Cola stock, you'd need to own 4,717 shares at its recent price of $88.07, requiring a significant investment of $415,426.19.