Three Dividend Stocks to Hold for the Next 10 Years
AI Summary1 min read
TL;DR
Coca-Cola is a consumer staple with a strong brand and asset-light model, enabling consistent dividend raises for 63 years, making it ideal for long-term income investors.
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The Coca-Cola
Coca-Cola is a consumer staple with a long history of dividend raises. It has a strong brand and distinctive flavors that make it a staple among consumers. The company's asset-light business model and focus on producing and selling syrup concentrate allow it to keep capital costs lower and generate significant free cash flow, which it uses to reward shareholders with dividends. Coca-Cola has raised its dividend for 63 consecutive years, making it an excellent stock for investors seeking income.
