How to earn $500 per month from Coca-Cola stock?
To figure out how to earn $500 monthly from Coca-Cola dividends, we start with the yearly target of $6,000 ($500 x 12 months). So, an investor would need to own approximately $194,225 worth of Coca-Cola, or 3,261 shares to generate a monthly dividend income of $500.
Dividend FAQ
The Coca-Cola Company ( KO ) pays dividends to its shareholders. How much is The Coca-Cola Company's dividend? The Coca-Cola Company's ( KO ) quarterly dividend per share was $0.49 as of April 1, 2024 .
What is the dividend on $100 in shares of Coca-Cola? Coca-Cola paid a dividend of $0.46 per share ($1.84 annualized) as of mid-2023.
And Coca-Cola's dividend is a compelling reason to buy and hold shares. The company has increased its dividend annually for an impressive 61 consecutive years, and possesses a solid yield of 3% at the time of this writing.
Investors who are ready to buy Coca-Cola shares, should log into their investing account or trading app. Type in the KO ticker along with the number of shares required, or the amount available to invest.
Historical dividend payout and yield for CocaCola (KO) since 1964. The current TTM dividend payout for CocaCola (KO) as of March 01, 2024 is $1.84. The current dividend yield for CocaCola as of March 01, 2024 is 3.09%.
Investors must have bought the stock at least two days before the official date of a dividend payment (the "date of record") in order to receive that payment. The company pays out the dividend to shareholders.
If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.
Regular payouts for KO are paid quarterly. Recommendation not provided. See Best Monthly Dividend Stocks Model Portfolio for our top monthly income ideas.
Coca-Cola has successfully raised its dividends for 62 consecutive years. However, the company experienced a challenging year in 2023, marked by a 4.8% decline in share price over 12 months. This performance significantly lagged behind the S&P 500's (SPY) return of nearly 24%.
Should I buy shares in Coca-Cola?
Indeed, it may be more than worth it right now. Despite Coca-Cola's continued revenue and earnings growth during this time, the stock is trading right where it was in early 2020 when the pandemic took hold of the world; since then, investors have favored growth stocks over value stocks like Coca-Cola.
The financial health and growth prospects of KO, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Additionally, KO consistently pays dividends to its shareholders, while co*ke does not. Therefore, investors looking for a stable, dividend-paying investment option often choose KO stocks, while those seeking higher risk and potential returns may consider investing in co*ke stocks.
Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. We note that hedge funds don't have a meaningful investment in Coca-Cola. The company's largest shareholder is Berkshire Hathaway Inc., with ownership of 9.2%.
PepsiCo: The primary and most significant competitor to Coca-Cola, PepsiCo produces a range of beverages, including Pepsi, Mountain Dew, Gatorade, Tropicana, and Aquafina, among others.
Stanley Black & Decker: 146 years of consecutive payouts
Among publicly traded industrial stocks, none has a longer streak of paying consecutive dividends, with Stanley Black & Decker doling out payouts to investors since 1876.
Coca-Cola's Earnings Easily Cover The Distributions
This indicates that the company is more focused on returning cash to shareholders than growing the business, but we don't think that there are necessarily signs that the dividend might be unsustainable.
In order to collect dividends on a stock, you simply need to own shares in the company through a brokerage account or a retirement plan such as an IRA. When the dividends are paid, the cash will automatically be deposited into your account.
Overall, we believe creating a dividend portfolio with 20 to 60 stocks provides a reasonable balance between the need for diversification, a desire to keep trading activity low, and a limited amount of research time to devote to maintaining a portfolio.
But if you have a long enough investment time horizon and pick the right investment, $1,000 could eventually grow into $1 million. Buying stocks like Amazon, Home Depot, Microsoft, and Berkshire Hathaway at the right time has all delivered such returns to early investors.
What are the cons of investing in Coca-Cola?
Con: It's Expensive
While KO stock does have the size and brand recognition to command respect, the firm's most recent performance and expectations for the future don't justify its current price tag. KO's price-earnings ratio is a staggering 42.4. That's nearly double PepsiCo's 23.5 P/E ratio.
If earning dividends is a priority, you should invest your $1,000 in dividend stocks. You can do this by buying a dividend ETF( such as Vanguard Dividend Appreciation ETF [VIG]) or using fractional investing to invest in your favourite companies that promise good dividends.
(NASDAQ: co*kE) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.50 per share and a special cash dividend of $16.00 per share.
The quarterly dividend is equivalent to an annual dividend of $1.94 per share, up from $1.84 per share in 2023. The first quarter dividend is payable April 1 to shareowners of record as of March 15.
The latest trends. Coca-Cola's operating trends have been mostly positive around sales and earnings growth, Yet the biggest knock against the business is soft sales volumes. co*ke reported flat case volume in Q2 and logged just a 2% uptick in the most recent quarter.
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