Coca-Cola and Others Extend Dividend Growth for 50 Years, Potential to Double in 10 Years
Written by Emily J. Thompson, Senior Investment Analyst
Source: Fool
- Coca-Cola's Steady Growth: Coca-Cola increased its dividend by 5.2% this year, extending its growth streak to 63 years, with a total return of approximately 125% over the past decade, demonstrating its strong market position and sustainable profitability.
- Robust Financial Health: Johnson & Johnson raised its dividend by 4.8% this year, maintaining a 63-year growth record, with a total return exceeding 165% over the past decade, supported by its AAA credit rating and resilient earnings for future growth.
- Stable Revenue Growth: Consolidated Edison extended its dividend growth streak to 51 years in 2025, achieving over 120% total return in the past decade, and plans to invest $72 billion over the next decade to support core services and cleaner energy, driving 5% to 7% annual earnings growth.
- Effectiveness of Investment Strategy: Investing in these Dividend Kings is seen as a solid wealth growth strategy, with Coca-Cola, Johnson & Johnson, and Consolidated Edison expected to continue delivering over 100% total returns in the next decade, making them ideal for long-term holding.
ED
$99.24+Infinity%1D
Analyst Views on ED
Wall Street analysts forecast ED stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ED is 104.45 USD with a low forecast of 90.00 USD and a high forecast of 128.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
2 Buy
4 Hold
5 Sell
Moderate Sell
Current: 98.570
Low
90.00
Averages
104.45
High
128.00
Current: 98.570
Low
90.00
Averages
104.45
High
128.00
About ED
Consolidated Edison, Inc. is an energy-delivery company. The Company, through its subsidiaries, Consolidated Edison Company of New York, Inc. (CECONY), Orange and Rockland Utilities, Inc. (O&R) and Con Edison Transmission, Inc., provides a range of energy-related products and services to its customers. CECONY is a regulated utility providing electric service in New York City and New York’s Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan. O&R and its utility subsidiary, Rockland Electric Company, provide electric service to customers in southeastern New York and northern New Jersey, a 1,300 square mile service area. O&R delivers gas to customers in southeastern New York. Con Edison Transmission, Inc. falls primarily under the oversight of the Federal Energy Regulatory Commission and manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects.
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.
