The Coca-Cola Company KO Stock Price, News, Quote & History

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With these activities curtailed by COVID-19, both the top and bottom line suffered. Additionally, non-GAAP free cash flow of $2.3 billion fell by 40% from year-ago levels. Although it has moved higher since the lows in March, it sells for more than a 15% discount from the February peak. Considering this slower growth, is this a stock worth buying as the final quarter of the year begins https://dotbig.com/ and 2021 arrives? The company also directly sponsors, with naming rights, the Coca-Cola London Eye and formerly, the Coca-Cola Orlando Eye. Since the season of 2019 is the title sponsor of the Uzbekistan Super League in football, and this league is officially called Coca-Cola Uzbekistan Super League. They also sponsor all major Overwatch tournaments such as the world cup .

coca cola stock

By May 1, 1889, Candler was now claiming full ownership of the Coca-Cola beverage, with a total investment outlay by Candler for the drink enterprise over the years amounting to $2,300. After Candler had gained a better foothold on Coca-Cola in April 1888, he nevertheless was forced to sell the beverage he produced with https://dotbig.com/ the recipe he had under the names "Yum Yum" and "Koke". This was while Charley Pemberton was selling the elixir, although a cruder mixture, under the name "Coca-Cola", all with his father’s blessing. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns.

History

The longest running commercial Coca-Cola soda fountain anywhere was Atlanta’s Fleeman’s Pharmacy, which first opened its doors in 1914. Jack Fleeman took over the pharmacy from his father and ran it until 1995; closing it after 81 years. On July 12, 1944, the one-billionth gallon of Coca-Cola coca cola stock price syrup was manufactured by the Coca-Cola Company. The first bottling of Coca-Cola occurred in Vicksburg, Mississippi, at the Biedenharn Candy Company on March 12, 1894. The original bottles were Hutchinson bottles, very different from the much later hobble-skirt design of 1915 now so familiar.

  • However, investors looking for something above-average about Coca-Cola stock will find it in the dividend.
  • We can conclude that Coca-Cola is a fairly safe stock, and is very popular with long-term investors because of its dividend.
  • Javier Correa, the president of Sinaltrainal, said the campaign aimed to put pressure on Coca-Cola "to mitigate the pain and suffering" that union members had suffered.
  • Therefore, statistically, there is every reason to believe that Coca-Cola’s upcoming financial results will continue to exceed expectations and thus be bullish factors for the Coca-Cola stock price.
  • This is well above the non-alcoholic beverage industry average yield of 2.6%.

However, investors looking for something above-average about Coca-Cola stock will find it in the dividend. The company has hiked its payout in each of the previous 59 years, making DotBig the stock a Dividend King. Moreover, in 2020, investors will receive $1.64 per share in annual payouts. Coca-Cola stock has delivered considerable returns over the last 100 years.

Coca-Cola Director Bought Large Block of Stock

The Coca-Cola Company, its subsidiaries and products have been subject to sustained criticism by consumer groups, environmentalists, and watchdogs, particularly since the early 2000s. In 2019, BreakFreeFromPlastic named Coca-Cola the single biggest plastic polluter in the world. After 72,541 volunteers collected 476,423 pieces of plastic waste from around where they lived, a total of 11,732 pieces were found to be labeled with a Coca-Cola brand in 37 countries across four continents. Coca-Cola has a high degree of identification with the United States, being considered by some an "American Brand" or as an item representing America, criticized as Cocacolonization. After World War II, this gave rise to the brief production of White Coke by the request of and for Soviet Marshal Georgy Zhukov, who did not want to be seen drinking a symbol of American imperialism. The bottles were given by the President Eisenhower during a conference, and Marshal Zhukov enjoyed the drink. The bottles were disguised as vodka bottles, with the cap having a red star design, to avoid suspicion of Soviet officials.

Coca-Cola archivist Phil Mooney acknowledged that the recipe "could be a precursor" to the formula used in the original 1886 product, but emphasized that Pemberton’s original formula is not the same as the one used in the current product. A typical can of Coca-Cola (12 fl ounces/355 ml) contains 39 grams of sugar, 50 mg of sodium, 0 grams fat, 0 grams potassium, and 140 calories. On May 5, 2014, Coca-Cola said it was working to remove DotBig a controversial ingredient, brominated vegetable oil, from its drinks. In 2012, Coca-Cola resumed business in Myanmar after 60 years of absence due to U.S.-imposed investment sanctions against the country. Coca-Cola’s bottling plant is located in Yangon and is part of the company’s five-year plan and $200 million investment in Myanmar. Coca-Cola with its partners is to invest US$5 billion in its operations in India by 2020.

The Coca-Cola Company

Root and his subordinates decided to base the bottle’s design on one of the soda’s two ingredients, the coca leaf or the kola nut, but were unaware of what either ingredient looked like. Dean and Edwards went to the Emeline Fairbanks Memorial Library DotBig and were unable to find any information about coca or kola. Instead, Dean was inspired by a picture of the gourd-shaped cocoa pod in the Encyclopædia Britannica. Dean made a rough sketch of the pod and returned to the plant to show Root.

With net income struggling to top 1% in some years, that may explain why the stock has not moved higher rapidly. While not necessarily having naming rights to anything in all locations, the company does sponsor and provide beverages in many theme parks, usually in an exclusive capacity. In the retail setting, direct store beverage delivery trucks as well as point of sale coolers and vending machines have bright red logo blazoned branding. In terms of foodservice, Coca-Cola https://dotbig.com/markets/stocks/KO/ is a food pairing suggestion that is now ingrained as a food match, e.g., for popcorn, hamburgers, french fries, and hot dog combos. Since the early 2000s, the criticisms over the use of Coca-Cola products as well as the company itself, escalated with concerns over health effects, environmental issues, animal testing, economic business practices and employee issues. The Coca-Cola Company has been faced with multiple lawsuits concerning these various criticisms.

Where Can I Buy Coca-Cola Stock?

New Coke / Coca-Cola II (1985–2002) – An unpopular formula change, remained after the original formula quickly returned and was later rebranded as Coca-Cola II until its full discontinuation in 2002. In 2019, New Coke was re-introduced to the market to promote the third season of the Netflix original series, Stranger Things. Independent bottlers are allowed to sweeten the drink according to local tastes. Sugar prices spiked in the 1970s because Soviet Union demand/hoarding and possible futures contracts market manipulation.

Finally, note that the highest target among analysts is $65, while the lowest is $59. This particularity makes Coca-Cola KO an ideal and even essential stock for income-oriented investors and investors building a portfolio for retirement.

Brand portfolio

In February 2020, Coca-Cola became the title sponsor for the eNASCAR iRacing series. In October 2018, Coca-Cola started sponsoring the Formula 1 team McLaren with several 1 year deals being signed since then. In 2021, the Coca-Cola Co used its Mexican coca cola stock sparkling mineral water brand Topo Chico to launch a range of vegan friendly alcoholic hard seltzers in the United Kingdom and in the United States. In October 2009, Coca-Cola revealed its new 90-calorie mini can that holds 7.5 fluid ounces.

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