Achieving $1,000 in Dividend Income from Coca-Cola Stock

Reported 9 months ago

Coca-Cola (NYSE: KO) is a reliable dividend stock known for its consistent dividend increases for 62 years, making it a favorite of Warren Buffett. To earn $1,000 in annual dividends from Coca-Cola stock, one would need to invest in 516 shares, costing around $32,905 at the current price. Considering the historical performance and growth potential, investing in Coca-Cola stock not only provides dividend income but also potential appreciation over time, with the option to reinvest dividends for increased returns in the future.

Source: YAHOO

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