25 Best Dividend Stocks to Buy According to Billionaires

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

Number of Billionaire Investors: 16

Dividend Yield as of March 3: 2.84%

The Coca-Cola Company (NYSE:KO), the world’s largest beverage company, has a strong global presence, with its popular products enjoyed in 200 countries. Its flagship brand is among the most recognizable worldwide, with loyal consumers willing to pay a premium for it. Since the start of 2025, the stock has surged by nearly 17%, outperforming the broader market.

In Q4 2024, The Coca-Cola Company (NYSE:KO) reported revenue of $11.5 billion, reflecting a 6.5% increase from the previous year. Organic revenue saw a 14% boost, driven by a 9% rise in price/mix and a 5% increase in concentrate sales. Throughout the year, Coca-Cola continued to expand its market share across its beverage portfolio, with Coca-Cola Zero Sugar seeing notable growth, as unit volume climbed 13% during the quarter. The company’s innovative marketing strategies have played a crucial role in its success, contributing to approximately $40 billion in retail sales growth for its flagship brand over the past three years.

The Coca-Cola Company (NYSE:KO) maintained a strong cash flow position in the latest quarter, generating $2.9 billion from operations and $1.6 billion in free cash flow. It also reported a healthy adjusted operating margin of 30.7%, underscoring its profitability. With an exceptional history of increasing dividends for 62 consecutive years, KO remains one of the best dividend stocks on our list. The company’s quarterly dividend comes in at $0.485 per share for a dividend yield of 2.84%, as of March 3.