3 Sweet Dividend Stocks to Buy for a Satisfying Passive Income Stream

Core Viewpoint - The U.S. sugar consumption is high, leading to significant profits for companies producing sugary products, making sugar stocks attractive for passive income generation [1][7] Group 1: Coca-Cola - Coca-Cola has a strong dividend history, marking its 62nd consecutive annual dividend increase with a 5.4% raise, maintaining its status as a Dividend King [2][3] - The company paid $8 billion in dividends last year, totaling$84.7 billion since January 2010, with a current dividend yield of approximately 2.7%, more than double the S&P 500's yield [2] - Coca-Cola aims for 4% to 6% annual revenue growth and 7% to 9% earnings-per-share growth, supported by robust free cash flow of $9.2 billion expected in 2024 [3] Group 2: Hershey - Hershey has a solid dividend track record, increasing its payout for 15 consecutive years, including a 15$5 billion in sales in the first half of the year, with nearly $1 billion in income, driven by popular brands like Reese's and KitKat [4] - Hershey targets 2$3 billion in annual free cash flow for acquisitions and dividends [6]