Coca Cola has raised its dividend for 61 consecutive years
A $40 investment in Coca-Cola 1919, with dividends reinvested, would be worth $22 million in 2023. Coca Cola has raised its dividend for 61 consecutive years. Coca-Cola declared a quarterly payout of 46 cents per share, an increase of two cents, or 4.6%. It marked the beverage maker’s 61st consecutive year of raising its dividend.
Now, $40, about $400 today, was quite a lot of money in 1919, and there may not have been a lot of people with that kind of money to invest in stocks back then.
40 in 1919 is equivalent in purchasing power to about $719.51 today, an increase of $679.51 over 104 years. The dollar had an average inflation rate of 2.78% per year between 1919 and today, resulting in a cumulative price increase of 1,629.31%.
About the Viking
With Viking’s signals, you have a good chance of finding the winners and selling in time. There are many securities. With Viking’s autopilots or tables, you can sort out the most interesting ETFs, stocks, options, warrants, funds, etc.
Click here to see what Vikingen offers: Detailed Comparison – Stock exchange software for those who want to become even richer (vikingen.se)