Many consumer staples companies have long dividend growth histories, The Coca-Cola Company (KO) is one of them. As one of the Dividend Kings — companies that have raised their dividend for at least 50 years in a row — the company’s shares are beloved by many income focused retail investors. You can see all 25 Dividend Kings here.
Due to changes in its business structure and due to changes in the beverages industry over the recent past its growth rate has come down over the last couple of years. A juicy dividend yield and low vulnerability towards an economic downturn still make Coca-Cola a solid pick for risk-averse investors.
