Latin American Bottler Surpasses Big Coke with 140% Gain

Coca-Cola Femsa, a Mexican company, has flown under the radar in the conversation about high-yielding dividend stocks. However, it boasts an impressive yield of 3.9% and a market capitalization of $23.1 billion.

Investors who own approximately 50 shares of Coca-Cola Femsa can generate over $212 in yearly payouts based on its current dividend of $4.24 per share.

The company's five-year performance is impressive, with the stock jumping nearly 140% since 2016. This outpaces 'big' Coca-Cola in the same period.

Coca-Cola Femsa is often referred to as the 'Coke of Latin America,' as it serves as the world's largest bottler of famous drinks like Coca-Cola and Sprite in several countries, including Brazil, Mexico, and others.