Here are the number of Coca-Cola shares that you must have for $ 5,000 in annual profits

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It was formed in 1886, coca cola (Nyse: ko) It has become a familiar name by marketing and selling its large wallets of drinks (including soft drinks with the same name) all over the world.

However, along with her popularity with consumers, Coca-Cola has long been preferred in the stock market as well, thanks to its continuous growth and long history of profits. For investors targeting $ 5,000 of profit income every year, here are the number of shares shares that you must own.

Two people shed soft drinks.
Photo source: Getty Images.

Coca-Cola Certainly has a fixed commitment to profit distributions. Not only did the company continue its regular payments, but it brought it annually for more than six decades. This makes Coca -Cola a King’s profits.

The Board of Directors has operated the payment growth series to 63 consecutive years after increasing profit distributions earlier this year to a quarterly rate of $ 0.51 per share. The new rate started with April compensation.

Coca-Cola does not seem to have a problem providing higher profits as well. The company has Payment From 77 %, which means that profit distribution payments over the past 12 months have added up to about three quarters of the company’s net income from that period.

With the company’s commitment and its ability to pay the settings that have been settled, it is time to turn your attention to the number of shares needed to raise $ 5,000 annually.

The current Coca-Cola profits of $ 0.51 to $ 2.04 per year, so 2,451 shares will be necessary to obtain a total of $ 5,000. Based on the closing price of June 13 of $ 71.02, you will need to invest $ 174.070 to own many shares.

Looking at the company’s record, remember that the annual profit income must increase every year, and shareholders also get a higher profit return compared to the wide market. Coca-Cola shares return 2.9 % against S & P 500 Index 1.3 %.

Before buying shares at Coca-Cola, think about this:

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