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Explain this story: Coca-Cola Hasn't Sold Much More Soda in a Decade. Its Dividend Has Gone Up Every Year Anyway.
Despite Coca-Cola's unit case volume growing by only about 16% over the last decade, the company has increased its dividend every year, with a total increase of 61%. This has been made possible by a strategic shift to refranchise bottling operations, significantly improving profit margins and free cash flow. While the stock's current valuation reflects its dependability, the article suggests that investors might be paying a premium for this safety.
OtherThe Globe and MailSector and industry: Consumer StaplesBeverages — Non-AlcoholicTell me moreShow less
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Despite Coca-Cola's unit case volume growing by only about 16% over the last decade, the company has increased its dividend every year, with a total increase of 61%. This has been made possible by a strategic shift to refranchise bottling operations, significantly improving profit margins and free cash flow. While the stock's current valuation reflects its dependability, the article suggests that investors might be paying a premium for this safety.
Article tone: Positive This describes the words the journalist used. It is not a prediction, and not advice.