Coca-Cola (Nyse: ko) It is about as much blue chip supplies as you find.
The company has been a leader in the drink industry for centuries, and it retains this status today. In addition to his namesake brand, Coca-Cola also owns a wide range of other non-alcoholic beverage products, ranging from soda to ice tea to energy drinks, and even branched out to restaurants for the first time by gaining the Costa Coffa 2019 chain.
Coca-Cola is known as a recession-resistant dividend shares that is able to achieve permanent growth in the long run, and his latest earning report indicated that his reputation remains intact.
The amount of the unit of the unit increased by 2%compared to the year in a quarter, increasing revenues by 6%, and the adjusted earnings per share increased by 12%, maintaining the benefits of a limited edition and price increase.
The report was strong enough that an analyst at Wall Street could notice and upgrade his rating in stock.
Erste Group upgraded Coca-Cola from Hold to buy. Analyst Stephan Lingnau noted that Koke’s profitability is greater than the one in the competition, based on a metric such as operating margin and a return to capital. The bull is also on the impact of new products such as probiotic lemonade, which he believes will help increase the growth of the company’s revenue.
There is no doubt that Coca-Cola is doing well, and the company seems to be an earlier concern about stopping the growth behind it. Stocks climbed to about 17% last year and less than 5% shy than their maximum from this writing.
This also means that Coca-Cola shares are expensive with a price and earning ratio of 29. The king of dividends This offers a yield of 2.9%. And he will probably remain a leader in the drink industry for the second generation.
Such shares tend to trade on premium. For investors seeking a stable, generous dividend, Coca-Cola looks like a good bet.
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