Everyone knows Coca-Cola (KO) for its eponymous beverage and even some of its many other brands, such as Dasani water or Minute Maid juices. But investors have taken notice of this company because of its reputation as a dividend giant. Coca-Cola pays a dividend of $1.84 per share, representing a dividend yield of 3.14% -- that's higher than the S&P 500's yield of 1.62%. Johnson & Johnson (JNJ), like Coca-Cola, has the resources to keep rolling along the dividend growth path. The company generates $15 billion in free cash flow and recently reiterated that dividend growth remains one of its priorities. J&J pays a dividend of $4.76 per share, representing a yield of 3.08%.
Source: Motley Fool
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