Not all market participants have the same goal of trying to grow their capital base as much as possible. Some investors are after a steady income stream. Coca-Cola (NYSE: KO) has proven to excel in this regard.
This is a top dividend stock, without a doubt. Here’s how many shares of the beverage giant you’d need for $10,000 in yearly dividends.
Coca-Cola currently pays a quarterly dividend of $0.53, which equals $2.12 on an annual basis. With the recent stock price at $76.82, investors need to spend more than $362,000 to own 4,717 shares to generate $10,000 in income in a single year.
The stock’s dividend yield of 2.76% is much better than that of the S&P 500 index, which is notable. But investors should be most excited by the fact that Coca-Cola has raised the quarterly payout for 64 straight years. There’s no reason to believe that this incredible streak is going to come to an end anytime soon.
During the first quarter of fiscal 2026, the business reported $4 billion in net income relative to $12.5 billion in revenue, resulting in a strong 32% margin. It has the financial resources to continue returning capital to shareholders.
Given that demand for Coca-Cola’s products faces minimal cyclicality, the company’s operations are stable, supporting ongoing dividend payments regardless of macro conditions.