Coca-Cola: Do Not Buy The Likely February Dividend Hike
Justin Sullivan Coca-Cola (NYSE:KO) is likely to raise its dividend for the 62nd straight year in mid-February, but by no more than 2 cents in my view. A little over two years ago, I wrote a fairly optimistic article about Coca-Cola, outlining how it might finally have turned the corner and entered a new period of growth again. The stock is up since then, but only by about 10%. Adding in slightly more than two years of dividends gets us to approximately 17%. Okay, but not the kind of double-digit annual ...