Coca-Cola cs. Procter & Gamble: Which Is the Better Dow Dividend King Stock to Buy Before the End of the Year?

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Coca-Cola cs. Procter & Gamble: Which Is the Better Dow Dividend King Stock to Buy Before the End of the Year?

^{Published on 2024-12-08 06:20:46 - The Motley Fool}

Coke is taking action to address volume declines. It is investing in its core brands, as well as faster-growing brands like Topo Chico. Coke has an impeccable track record of marketing and developing brands, which should allow the company to navigate near-term headwinds and restore volumes without overly relying on price cuts.

The article from The Motley Fool discusses the investment merits of two Dow Jones Industrial Average (DJIA) components, Coca-Cola (KO) and Procter & Gamble (PG), both of which are Dividend Kings due to their long history of increasing dividends. Coca-Cola, with a 61-year streak of dividend increases, is highlighted for its strong brand, global reach, and consistent performance, offering a 3.1% dividend yield. Despite a slight dip in stock price, it's seen as a reliable choice for income-focused investors. Procter & Gamble, with 67 consecutive years of dividend hikes, is praised for its diversified product portfolio, pricing power, and a 2.4% yield. The company has shown resilience in maintaining sales and profits despite economic pressures. The article suggests that while both stocks offer stability and income, Coca-Cola might be more appealing for those prioritizing yield, whereas P&G could be favored for its broader product range and consistent growth.

Read the Full The Motley Fool Article at:
[ https://www.fool.com/investing/2024/12/08/coca-cola-pg-buy-dow-dividend-king-stock/?referring_guid=0acb56c3-788d-4193-9de5-5956f3c125a9 ]

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Coca-Cola cs. Procter & Gamble: Which Is the Better Dow Dividend King Stock to Buy Before the End of the Year?