Coca-Cola: Buy This Dividend Grower On Sale Now

May 30, 2024 2:21 PM ETThe Coca-Cola Company (KO) StockKO14 Comments
Kody's Dividends
10.03K Followers

Summary

  • Coca-Cola's phenomenal brand portfolio supports one of the longest dividend growth streaks in the world.
  • The company flexed its brand power with price hikes, which helped it to top the analyst consensus for net revenue and comparable EPS.
  • The consumer staple's balance sheet remains sound.
  • Coca-Cola's shares could be trading at a 9% discount to fair value.
  • The Dividend King could be poised to deliver 30%+ cumulative total returns through 2026.

Pouring Cola from Bottle into Glass and Fizz with Ice Cubes on Table Against Blurred Livinroom Background

Somebody pours cola from a bottle into a glass on a table.

Dreamer Company

In dividend investing, brand quality is of the utmost importance. This is especially so when investing in consumer-facing businesses. Why do I make this claim?

This article was written by

10.03K Followers
Hi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting my journey towards financial independence using dividend growth investing as the means to transform the dream of financial independence into a reality. It's also the inspiration of my pseudonym here on Seeking Alpha.By God's grace, I owe everything to my blog for introducing me to the Seeking Alpha community as an analyst. That's my story and I hope you enjoy my work examining dividend growth stocks and the occasional growth stock!

Analyst’s Disclosure:I/we have a beneficial long position in the shares of KO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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