Is Coca-Cola Stock a Screaming Buy After Its Big Dividend Raise?

A handsome shareholder payout isn't everything, after all.In many ways for many investors, Coca-Cola (KO 0.31%) is a model dividend stock. The company is a Dividend King, meaning it has raised its shareholder payout at least once annually for a minimum of 50 years. Its current streak stands at a hard-to-conceive 62 straight years.Coca-Cola management is well aware that the dividend is a big part of the stock's attraction. That's probably a key reason it raised the payout by a relatively high 5%-plus back in ...