Key Points This consumer staples giant's dividend yield is more than twice that of the broader market. The company's dividend has increased annually for more than six decades, making it a Dividend King. The business is performing well right now, but the stock appears reasonably priced. 10 stocks we like better than Coca-Cola › How much are you willing to pay for a good company? That's not an idle question, because if you pay too much, you can turn a good company into a bad investment. At the same time, however, good companies don't often go on sale. For conservative long-term investors, a fair price for a good company is usually a sign to buy. That is why you'll probably want to invest $1,000 in this iconic consumer staples company.
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