The Coca-Cola Company
Coca-Cola (Ticker – NYSE: KO) has been a foundational dividend stock within the SIPP since 2016. Coca-Cola has been established for well over 130 years and is a well run business. Some people or investors refer to it a marketing machines as it has over 200 brands and is sold in over 200 countries around the world. You could also argue the diversification case again here, as it has a global footprint and diversified revenue streams on every continent.
On my initial research back in 2014/15 I knew that one of the worlds most famous investors Mr Warren Buffett held shares in Coca-Cola within their Berkshire Hathaway business empire. As far as I am still aware at the time of writing this article and the last time I checked they still do hold shares. KO is a popular among many institutional and mutual fund holders.
What I like about Coca-Cola and made part of my investment thesis is:
1, Coca-Cola is one of the most recognisable brands in the world and is also one of the largest non-alcoholic beverage businesses
2, Coca-Cola has over 200 brands like Fanta, Sprite, Schweppes, not forgetting the obvious, plus other sparkling soft drinks within their portfolio of brands.
3, Coca-Cola has also spread its investments into Honest Tea & coffee namely Costa, which was a shroud move gaining global footprint in the hot beverage markets.
4, Coca-Cola also offers healthy option away from the high sugar fizzy drinks business, offering water and Nutrition categories like: Vitamin Water, Dansai, Powerade, Simply Jucies, Innocent Smoothies.
5, Coca-Cola is a dividend aristocrat paying out an income stream for over 50 years, historical dividends can be found here on their website.
6, Coca-Cola’s last quarterly dividend was $0.46 cents or $1.84 annually (as of 30/11/23)
Dividends are paid in US dollars so income will fluctuate depending on the strength of the GB Pound vs. US dollar. This is evident in the slight fluctuations shown below.
PE: 23.75 (29/12/2023)
Forward PE: 21.91 (29/12/2023)
Dividend Yield 3.12% (29/12/2023)
Total dividend received over 7 years is £890.68p
All dividends have been reinvested back into the portfolio.
Further dividend income analysis can be seen in the file below:
Please remember that all investments can rise and fall in value, therefore you may get back less then you originally invested.
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