Dow Dividend Stock #9 – Coca Cola (KO)
Market Cap: $125.1 billion
Annual Dividend: $1.76
Dividend Yield: 3.2%
Coca-Cola (KO) raised its dividend in mid-February by over 7%
after a strong sjowing at the end of 2009. The strength of Coke’s international
sales continue to be a huge source of growth for this company. It its fourth-quarter earnings report, Coke’s profit soared 55% in the fourth-quarter
compared with 2009 thanks to a 5% increase in worldwide beverage sales. Coca Cola most recently reported earnings on April 20 that include a 19% rise in first-quarter profits due to strong overseas sales.
Top 10 High Yield Dividend Stocks in the Dow
Article printed from InvestorPlace Media, http://investorplace.com/2010/04/high-yield-dividend-stocks-dow-jones/.
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