American States Water and Coca-Cola: Reliable Dividend Kings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: Fool
- American States Water Overview: American States Water has raised its dividend for 72 consecutive years, currently offering a 2.7% yield and a market cap of $2.9 billion, demonstrating its stability and income potential in uncertain markets.
- Earnings Growth Drivers: EPS is projected to grow from $1.60 to $3.37 between 2015 and 2025, primarily driven by investments in water infrastructure and approved rate increases, ensuring ample room for future dividend growth.
- Coca-Cola's Market Position: Coca-Cola has increased its dividend for 64 years, with a current yield of 2.7% and a market cap of $329 billion, and as the world's largest beverage maker, it generates stable profits from high-margin concentrates and syrups.
- Diversification Strategy: To combat declining soda consumption, Coca-Cola has diversified its portfolio with bottled water, teas, juices, and energy drinks, enhancing its competitive edge and is expected to continue attracting younger consumers.
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Analyst Views on KO
Wall Street analysts forecast KO stock price to rise
14 Analyst Rating
13 Buy
1 Hold
0 Sell
Strong Buy
Current: 75.900
Low
71.00
Averages
79.33
High
85.00
Current: 75.900
Low
71.00
Averages
79.33
High
85.00
About KO
The Coca-Cola Company is a beverage company. The Company's segments include Europe, Middle East and Africa (EMEA); Latin America; North America; Asia Pacific, and Bottling Investments. It sells multiple brands across several beverage categories worldwide. Its portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Its water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Its juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and Santa Clara. It operates in two lines of business: concentrate operations and finished product operations. Its concentrate operations sell beverage concentrates, syrups, including fountain syrups, and certain finished beverages to authorized bottling operations. Its finished product operations sell sparkling soft drinks and a variety of other finished beverages.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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