Doggett Invests in Coca-Cola Through Automatic Reinvestment
Lloyd Doggett, representative of Texas's 37th congressional district, has invested in Coca-Cola Company through the automatic reinvestment of dividends earned. The transaction took place on July 1, 2026, with a notification date of August 5, 2026. According to the report, the dollar value of the trade falls between $1,001 and $15,000.
The Coca-Cola Company currently offers a dividend yield of 2.44%, having raised its dividend for 55 consecutive years. The stock has delivered strong returns, up nearly 26% year-to-date and 28% over the past year. However, InvestingPro analysis suggests the shares may be overvalued at current levels near $87.
This investment was made through a purchase, indicating that Doggett has increased his holdings in the beverage giant. The type of asset bought in this transaction is stocks, as indicated by the transaction type code [ST] in the report.