10 Undervalued Dividend Aristocrats To Buy According to Analysts

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6. The Coca-Cola Company (NYSE:KO)

Average Analyst Rating Score: 2
P/E Ratio as of March 16: 24.3

An American multinational beverage company, The Coca-Cola Company (NYSE:KO) declared a 5.4% increase in its quarterly dividend to $0.485 per share on February 15. Through this dividend hike, the company stretched its dividend growth streak to 62 years, which makes KO one of the best dividend aristocrat stocks on our list. The stock’s dividend yield on March 16 came in at 3.24%.

Insider Monkey’s database of Q4 2023 indicated that 62 hedge funds owned stakes in The Coca-Cola Company (NYSE:KO), up from 58 a quarter earlier. These stakes are collectively valued at nearly $17 billion. With 400 million shares, Buffett’s Berkshire Hathaway was the company’s leading stakeholder in Q4.

Follow Coca Cola Co (NYSE:KO)

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