How To Earn $500 A Month From Coca-Cola Stock Ahead Of Q4 Print
Portfolio Pulse from Avi Kapoor
Coca-Cola (NYSE:KO) is anticipated to release its Q4 earnings on Feb. 13, 2024, with expected earnings of 49 cents per share and revenue of $10.68 billion, up from the previous year. Barclays analyst Lauren Lieberman has maintained an Overweight rating on KO, raising the price target from $60 to $66. Coca-Cola India is entering the ready-to-drink tea market with 'Honest Tea'. The company's dividend yield stands at 3.09%, with a quarterly dividend of 46 cents a share. To earn $500 monthly from dividends, an investor would need approximately 3,261 shares, valued around $194,225.
February 12, 2024 | 1:52 pm
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Coca-Cola is expected to report increased earnings and revenue for Q4. Barclays maintains an Overweight rating with a raised price target. Coca-Cola India introduces 'Honest Tea'. The company offers a dividend yield of 3.09%.
The positive earnings outlook, analyst upgrade, and new product launch in India are likely to generate investor interest and potentially drive the stock price up in the short term. The dividend yield provides an additional incentive for investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100