A Healthy Sip of Dividends - Coca-Cola (KO)

There are few brands more recognizable than the red and white of Coca-Cola (KO).

It is estimated that the brand is worth in excess of $55bn, a healthy chunk of change for any company. On this site we have previously touched on the value of having strong brands represented in your portfolio. An investor looking for safe and reliable dividends is unlikely to go wrong with Coca-Cola (KO).

Throw in the fact that you enjoy a 3.1% dividend yield on the stock and the company has a solid track record of paying dividends, then you have a fantastic anchor to your portfolio.

Established in 1891, Coca-Cola (KO) has grown its product portfolio to in excess of 3,000 different products in the diet, regular and sparkling beverage industries and includes fruit juices, waters, sports and energy drinks, teas and coffees, as well as milk-and soy-based beverages.

Coca-Cola (KO) kicked off the latest quarter on the right foot with earnings per share up 19% to $0.69, while operating income increased 17% in the quarter. Cash flow surged 52% to $1.3bn.

Despite expected ongoing challenges in global economic conditions, the company continues to invest in the business and build the health of its brands fueled by world-class marketing and innovation.

During the quarter, the company announced its 48^th consecutive annual dividend increase, raising the quarterly dividend 7% from 41c to 44c.