5 Reasons to Buy Coca-Cola Stock Like There's No Tomorrow
The beverage giant is a good safe haven stock for this volatile market.
Coca-Cola (NYSE: KO) is a reliable stock for long-term investors. If you had invested $10,000 in the beverage giant 30 years ago, your investment would be worth $50,700 today and paying out about $1,450 in annual dividends.
If you had consistently reinvested your dividends, that investment would be worth $103,800 and paying nearly $2,970 in annual dividends. That's an impressive return for a blue chip stalwart, but it's still worth buying today for five simple reasons.
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