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Story summary
- Dividend investing can build wealth through passive income, as blue-chip stocks often outperform non-dividend payers.
- The Coca-Cola Company (KO) exemplifies a strong dividend stock with a 2.89% yield, 63 years of dividend increases, and a 67.85% payout ratio, paying $2.04 per share annually.
- It is priced at $70.48 and has gained 13% over the past year.
- Coca-Cola's recession-proof model and global reach support its appeal for stability and returns.
