Here's How Many Shares of This Unstoppable Dividend Stock You'd Need for $10,000 in Yearly Passive Income
Coca-Cola, a Dividend King with 64 consecutive years of dividend increases, is up 38% this year and currently yields 2.2%. To generate $10,000 in annual passive income from Coca-Cola dividends, an investor would need to purchase 4,717 shares at a cost of approximately $452,926. The article cautions that concentrating such a large investment in a single stock may not be prudent and recommends diversifying across multiple dividend stocks instead.