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Thirsty for Income? Try One of These 4 Beverage Stocks

These big names serve up some delicious payouts

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Coca-ColaDividend Yield: 2.8%

Next up, we have Coca-Cola (KO), which owns or licenses more than 500 nonalcoholic beverages, including Coca-Cola (duh), Fanta, Dasani and others. The blue chip — which boasts a market cap of more than $176 billion — has been a bit sleepy so far in 2013, but a long-standing dividend sweetens the stock’s appeal.

KO has been paying a dividend since 1893 — a record good enough to make it one of InvestorPlace‘s Dependable Dividend Stocks. Last year, the company returned $9.1 billion to shareholders through dividends and share repurchases, while its current 57-cent payout is good for a yield of 2.8%.

Coca-Cola also has a rock-solid balance sheet that should keep its eye-popping payout run going for some time. The company has more than $10 billion in annual cash flow and $19 billion in cash and short-term investments.

No wonder its dividend has increased by 150% in the last decade alone.

Article printed from InvestorPlace Media,

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