Reported 2 months ago
Coca-Cola (NYSE: KO) has impressively raised its dividend for 62 consecutive years, recently announcing a 5.4% increase, which highlights its status as a strong, stable brand in the beverage industry. Despite its consistent financial performance and loyalty from customers, its recent stock valuation at a P/E ratio of 27.2 raises concerns about whether it can outperform the S&P 500 in the long run. Investors are advised to consider alternative stocks with higher growth potential before investing.
Source: YAHOO