Here's How Many Shares of Coca-Cola You'd Need for $30,000 in Yearly Dividends. (Spoiler: It's a Lot.)
If you're looking for dependable passive income, look no further.
Overview
As I've matured as an investor, I've largely switched from drooling over high-flying growth stocks to drooling over dividend payers. That's because I'm appreciating more and more the value of getting regular income directly into my financial accounts without doing anything -- and especially without having to sell any shares.
An example of a wonderful dividend-paying stock is Coca-Cola (NYSE: KO). Even Warren Buffett has held it in Berkshire Hathaway's portfolio for decades. (Coca-Cola was recently Berkshire's third-largest stock holding, worth $30 billion. Indeed, Berkshire owns 9% of Coca-Cola.)
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Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.