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Earnings, dividend hikes & surges make these the belles of the ball

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Coca-Cola Co.

Beverage giant Coca-Cola Co. (NYSE:KO) popped the top on its quarterly dividend in February, increasing its payout 8.5% to 51 cents per share. That announcement was followed by a strong earnings beat in April that saw Coca-Cola earning $2.05 billion, or 89 cents a share, in the quarter ended March 31. That easily topped last year’s stellar 82 cents a share. Revenue grew an impressive 6% to $11.14 billion, compared with $10.5 billion in the first quarter last year. Investors also have enjoyed drinking KO shares this year, as the stock is up about 9% year-to-date.

The Coca-Cola brand is world-renowned, and it’s only going to get bigger and bigger in emerging markets such as China in the months and years to come. Global demographics alone make this stock one to drink up for the future.

Article printed from InvestorPlace Media,

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