The Coca-Cola Company (NYSE:KO) is included among the 10 Best Passive Income Stocks to Buy Now.
A row of factory workers assembling bottles of sparkling soft drinks on a conveyor belt.
The company enjoys strong profitability, supported by a loyal global customer base and a well-organized distribution network. Its core Coca-Cola products account for most of its revenue, while the acquisition of new brands contributes to quicker sales growth. These brands are swiftly incorporated into Coca-Cola’s wide-reaching distribution system, helping to increase sales and enhance profit margins through improved efficiency.
In its recent earnings report, The Coca-Cola Company (NYSE:KO) highlighted that its performance once again reflected the strength of its all-weather strategy. While certain developed markets faced challenges, the broad global presence helped the company manage a complex external landscape. Leadership expressed confidence in the firm’s ability to generate lasting long-term value by staying aligned with its core mission and maintaining a strong connection with consumers.
The Coca-Cola Company (NYSE:KO) has been growing its dividends for 63 consecutive years, and currently, the company offers a quarterly dividend of $0.51 per share. As of July 10, the stock has a dividend yield of 2.94%, as of July 10.
While we acknowledge the potential of KO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 11 Best Dividend Aristocrat Stocks to Invest in Now and 10 Best Stocks to Buy For Dividends
Disclosure: None.