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3 Death-Defying Dividend Stocks to Buy Now

These dividends stocks will keep paying you forever

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Death-Defying Dividend Stocks: Coca-Cola (KO)

dividend-stocks-coca-cola-koDividend Yield: 2.92%

Coca-Cola Co. (KO) definitely checks all the boxes for our list of death-defying dividend stocks. When I first began investing in 1995, KO stock was my first purchase. I wanted safety, security and dividend payments for my first foray. And this stock has only improved since that day some 19 years ago.

Dividend stocks like Coca-Cola always ran the risk of resting on their laurels, but KO has done anything but that. In fact, it’s mind-blowing how many brands and beverages the company now owns. Management remains on the cutting edge too, as evidenced by its recently-announced 10% ownership stake in Green Mountain Coffee Roasters (GMCR).

Today, Coca-Cola stock pays a nearly 3% yield, and its dividend remained solidly in place during the financial crisis. In fact, KO has paid a dividend since 1920. For the cherry on top, its free cash flow runs between $7 billion and $8 billion dollars annually, so Coca-Cola can easily afford the $4.6 billion it pays out.

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