These 2 Dividend Kings Just Declared Dividend Raises. Should You Buy One or Both?

Summary of Key Points Core Viewpoint - On February 20, both Walmart and Coca-Cola announced dividend increases, highlighting their status as Dividend Kings, a group of S&P 500 stocks that have raised dividends for at least 50 consecutive years [1]. Group 1: Walmart - Walmart raised its quarterly dividend by 13% to nearly $0.24 per share [2]. - For fiscal 2025, Walmart's revenue grew by 4$180 billion, with net income slightly declining [3]. - E-commerce sales surged by 16% globally, supported by an efficient pickup and delivery system [4]. - Management's guidance for fiscal 2026 anticipates a 3% to 4% revenue increase, with non-GAAP net income projected at $2.50 to$2.60 per share, below analyst expectations [5]. - The upcoming dividend will be paid on April 7 to shareholders of record as of March 21, yielding slightly under 1% at the current share price [6]. Group 2: Coca-Cola - Coca-Cola increased its quarterly dividend by 5% to $0.51 per share, marking its 63rd consecutive dividend raise [7]. - The company reported a 6$11.5 billion, and a 12% rise in adjusted net income to $0.55 per share [9]. - For 2025, Coca-Cola expects revenue growth of 5% to 6% and a modest increase in adjusted per-share net income of 2% to 3% [10]. - The new dividend will be paid on April 1 to shareholders of record as of March 14, yielding approximately 2.9% at the latest closing stock price [11].