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Barchart
Mark R. Hake, CFA

Coca Cola Company's Likely Dividend Hike Next Month Could Push KO Stock Higher

Coca-Cola Company (KO) may raise its dividend next month, as it typically does every four quarters. It has done this for the past 62 years. Based on its average dividend yield, KO stock could rise by over 14% to $71.92 per share. 

Moreover, existing shareholders and potential investors can make extra income by shorting out-of-the-money put options in nearby expiry periods.

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