Here's How Many Shares of Coca-Cola You Should Own to Get $4,000 in Yearly Dividends

Core Viewpoint - The Coca-Cola Company is highlighted as a reliable investment option for consistent dividend income, boasting a forward-looking dividend yield of 2.8% and a remarkable history of 63 consecutive years of annual payout growth [2][3]. Company Overview - The Coca-Cola Company is well-known for its flagship cola product but also owns a diverse range of beverage brands, including Minute Maid, Powerade, Gold Peak, and Dasani, allowing it to cater to a wide array of consumer preferences [3]. Dividend Information - The recent dividend increase to $0.51 per share means an investor would need to hold 1,961 shares to generate$1,000 in quarterly dividends, equating to an annual dividend income of $4,000, which would require an investment of approximately$140,000 at current stock prices [4]. - A historical perspective shows that a $12,500 investment in Coca-Cola stock 30 years ago, with dividends reinvested, would now be worth$141,000, illustrating the potential for growth through reinvestment [5]. Investment Strategy - Investors are encouraged to start with smaller investments and utilize dividend reinvestment to build their positions over time, which can lead to significant long-term gains [5].