Coca-Cola: The Dividend Is Not Worth It
December 01 2021 - 11:34AM
TipRanks
The Coca-Cola Company (KO) has treated income-oriented investors
well for a long time. Being the world's largest nonalcoholic
beverage corporation, it's no wonder that many dividend investors
find the stock attractive for its diversification and stable cash
flows. The company's footprint expands across 200 countries and
includes sparkling soft drinks, water, sports drinks, juice, dairy,
and even plant-based beverages. Historically, the company's global
presence and diversified portfolio of well-known brands have
resulted in stable cash flows and shareholder returns. However, in
my view, Coca-Cola does not presently showcase a worthwhile
investment case, with the company failing to grow meaningfully and
its dividend growth prospects shrinking.
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Coca Cola (NYSE:KO)
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