Here's an excerpt from an article published on Seeking Alpha. You can read it here, and the rest of my recent articles at Seeking Alpha here.
With a 52 year track record of annual increases, the current dividend yield at The Coca-Cola Co. (NYSE:KO) should be as safe as houses. Of course, to a dividend growth investor, holding steady isn't nearly as important as steady increases.
From year-end 2009 through year-end 2014 - five years - the company's dividend has risen at a compound annual growth rate (CAGR) of 8.27%. Applying fellow Seeking Alpha contributor Chowder's rule, the sum of its current dividend yield of 2.84% and its five-year CAGR is just below the magic number of 12. I feel a Chowder score of 11.11 isn't necessarily a DGI dealbreaker when applied to a first rate company like Coke. However, the company's gloomy outlook is troubling.
Read the complete article at Seeking Alpha, here.