These 2 dividend paying companies have been paying dividends for over 100 years. Will they continue to do so?
The decades that these companies and their dividend have survived unscathed are absolutely breathtaking. It is just that we can no longer capitalize on history, which is why it is important to focus on whether these companies will be able to continue to pay out.
Coca-Cola $KO
Coca-Cola is a global giant known for its sugary drinks. The company has a long history of paying dividends, dating back to the 1920s.
Coca-Cola $KO began paying its first dividend of $0.40 per share in 1920, just three years after it was founded. Since then, Coca-Cola has increased its dividend every year, 57 years in a row without interruption, making it one of the most consistent dividend payers. The dividend has fueled the company's evolution into a growth machine spreading sugary drinks around the world.
The dividend yield is currently approximately 2.9%. The company has increased its dividend by an average of 7% each year for the past 60 years, including a 13% increase between 2018…
General Mills raises dividend by 9.3%
There's probably no doubt here that those companies will continue. How they do is more a matter of how management steers it, but it's certainly not going to be a total disaster any time soon.