Here's How Many Shares of Coca-Cola Stock You'd Need for $1,000 In Yearly Dividends

Core Insights - Coca-Cola is a well-established company known for its reliable dividend income, having increased its annual dividend for 63 consecutive years, making it a Dividend King [1][4] Group 1: Dividend Information - The current annual dividend payout for Coca-Cola is $2.04, which translates to $0.51 quarterly [2] - To generate $1,000 in annual income from Coca-Cola's stock, an investor would need to own approximately 490.2 shares, costing around $33,265 at the stock price of $67.86 as of September 9 [2] Group 2: Investment Strategy - Investing in Coca-Cola requires time to realize decent returns, as it is a mature dividend stock that does not typically see high stock price growth [4] - Utilizing a dividend reinvestment plan (DRIP) can enhance the long-term benefits of Coca-Cola's consistent dividend increases, allowing dividends to be automatically reinvested into additional shares [5]