Coca-Cola dividends could potentially cover mobile phone bills
KO Coca-Cola Co
$96.91 +0.92%
View chart & analysis → - 1T-Mobile stated that the average monthly mobile phone bill is $141.
- 2Based on Coca-Cola's annual dividend of $2.12 per share, nearly 802 shares are required to cover an annual mobile phone bill of approximately $1,700.
- 3Coca-Cola has increased its dividends for 50 consecutive years.
So what's the key point?
Owning 802 shares of Coca-Cola could cover a year of mobile phone bills. This means Coca-Cola, which has raised its dividends for 50 years, could be used to pay for mobile phone costs.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.