5 Best Beverage Stocks with Dividends

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

Number of Hedge Fund Holders: 61

The Coca-Cola Company (NYSE:KO) is next on our list of the best beverage stocks with dividends. The American multinational beverage company has been growing its dividends consistently for the past 61 years and currently pays a quarterly dividend of $0.46 per share. The stock’s dividend yield on September 25 came in at 3.23%.

Of the 910 hedge funds tracked by Insider Monkey at the end of Q2, 61 hedge funds owned stakes in The Coca-Cola Company (NYSE:KO), the same as in the previous quarter. The overall value of these stakes is over $27.2 billion. With 400 million shares, Berkshire Hathaway was the company’s leading stakeholder in Q2.

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