Coca-Cola
There really isn’t too much more to say about the Warren Buffett Berkshire Hathaway (NYSE:BRK.B) poster child and long-term dividend investment leader Coca-Cola (NYSE:KO). KO’s recent 2-for-1 split gave anyone who’s missed a chance to get in at a fair price of under $40 per share (and yes, 20 times earnings for these guys is fair) and a fresh chance at a 25 cents per share quarterly dividend.
KO has paid a dividend since 1893 and has the world’s largest distribution system, with consumers in nearly 200 countries guzzling Coca-Cola’s products at a rate of more than 1 billion servings each day. Don’t expect that dividend history to change.
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