10 Dividend Kings Every Smart Investor Should Own

Investment Underground took a look at some dividend kings currently ruling the market. Coca-Cola Company (KO): Coca-Cola Company is the world leader in manufacturing and distributing carbonated and non-carbonated beverages. They sell a wide range of beverages from water and flavored water to juices and energy drinks. KO sells mainly to distributors who then sell to the consumer. They also sell concentrates and syrups to fountain drink wholesalers. Coca-Cola has a market cap of $152.06 billion. Coca-Cola announced a first quarter 2011 quarterly payout of $0.47. This is a 6.8% jump from last year’s quarterly dividend of $0.44. The $0.47 quarterly distribution makes for an annual dividend yield of 2.8%. KO has a payout ratio of 34%. I think that the brand name of Coca-Cola provides a huge competitor advantage and makes the barriers for others huge. Coca-Cola has $12B in cash and $26B in debt. Operating... Read more