The Coca-Cola Company (NYSE: KO) is highlighted as a top sugar stock by hedge funds, following its recent announcement of a 64th consecutive annual dividend increase. The company raised its quarterly dividend by 4% to 53 cents per share, totaling $2.12 annually. Analyst firms Barclays and UBS have reiterated Buy ratings and raised price targets for KO, citing solid fundamental trajectory.
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Why The Coca-Cola Company (KO) Is One of the Best Sugar Stocks to Buy According to Hedge Funds
The Coca-Cola Company (NYSE: KO) is highlighted as a top sugar stock by hedge funds, following its recent announcement of a 64th consecutive annual dividend increase. The company raised its quarterly dividend by 4% to 53 cents per share, totaling $2.12 annually. Analyst firms Barclays and UBS have reiterated Buy ratings and raised price targets for KO, citing solid fundamental trajectory.