<p>飲料專家 <strong>可口可樂</strong>(KO 1.40%) 在年初表現強勁，但自五月以來表現平平，最多也只是持平。自七月以來，股價下跌了 3%，而同期 <strong>標準普爾 500 指數</strong> 上漲了 4%。基於幾個月的表現不佳而出售股票從來不是一個好主意，在這種情況下尤其如此。綜合考慮，可口可樂是一個絕佳的選擇，特別適合那些尋求穩定分紅股票的投資者。以下是這家標誌性飲料製造商為何值得長期投資的原因。</p>
<h2>可口可樂的韌性基礎業務</h2>
<p>可口可樂的股價在今年早些時候可能上漲，因為它被視為在關税威脅下的安全選擇。該公司是消費品行業的知名領導者，這個行業在經濟衰退期間以其韌性而聞名。此外，儘管可口可樂幾乎在每個國家都有業務，但它傾向於為每個地區本地生產產品，從而幫助其避免高額的進口關税。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjkyMTEvcGVyc29uLWRyaW5raW5nLWJvdHRsZWQtZHJpbmstd2l0aC1hLXN0cmF3LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjkyMTEvcGVyc29uLWRyaW5raW5nLWJvdHRsZWQtZHJpbmstd2l0aC1hLXN0cmF3LmpwZyZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<p>儘管如此，可口可樂的財務業績在今年並不特別強勁。在第二季度，該公司的淨收入同比僅增長 1%，達到 125 億美元。可口可樂的非公認會計原則（non-GAAP）每股淨收益同比增長 4%，達到 0.87 美元。儘管如此，可口可樂仍展現出使其成為優秀長期投資的特質。其中之一就是創新。可口可樂始終在更新其產品線，以迎合不斷變化的消費者偏好。</p>
<p>該公司的首席執行官詹姆斯·昆西在可口可樂的第二季度財報電話會議上解釋了這一點的重要性：“我認為，考慮到行業的規模、吸引力和增長潛力，我們始終在尋找創新的機會，看看是否有新的想法與消費者偏好的演變交匯，記住實際上大多數創新在長期內並不奏效。”</p>
<p>該公司在第二季度推出了 Sprite + Tea，這是一款在社交媒體上獲得人氣的新產品。可口可樂計劃在今年秋季推出一款甘蔗糖口味的可樂產品。該公司在日本推出了添加膳食纖維的可樂產品，並計劃繼續探索增強纖維的選項。</p>
<p>可口可樂的產品線不斷演變。該公司在幾乎所有主要飲料類別中都有產品。可口可樂還具備收購新興品牌並將其納入其生態系統的能力。另一個好處是，得益於其極強的品牌影響力，幾款非常受歡迎的產品可以對公司的業績產生重大影響。可口可樂的品牌知名度也確保了它在雜貨店貨架上的位置，這在競爭激烈的市場中對新進入者來説並不容易。</p>
<p>可口可樂可能並不會在每個季度都超越市場，但它能夠持續產生收入和利潤，定期推出新產品以擴大市場覆蓋面，憑藉其品牌名稱擁有護城河，並能夠應對挑戰性的市場環境。這使得該股票對長期投資者極具吸引力。</p>
<h2>稀有的分紅記錄</h2>
<p>可口可樂不僅在一段時間內取得了成功。該公司還長期以來一直在支付並增加其分紅。可口可樂實現了連續 63 年的分紅增長，獲得了 “分紅之王” 的稱號。這一時期經歷了多次經濟衰退、幾場戰爭、多個總統任期、監管變化以及消費者偏好的重大轉變。可口可樂在這一切中繼續獎勵股東的能力充分證明了其業務的穩健。</p>
<p>該公司的前瞻性收益率超過 2.9%，高於標準普爾 500 指數的平均水平 1.3%。可口可樂的分紅是否可持續？該公司的分紅支付比率為 70.6%，看起來較高。但在我看來，這並不值得擔憂。可口可樂需要經歷很多不利因素，才能打斷其長期的分紅增長記錄，並可能需要從頭開始，才能在未來 50 年內再次加入分紅之王的行列。即使在疫情期間，當商店的客流量減少，公司收入和收益大幅下降時，可口可樂仍繼續增加其分紅。</p>
<p>分紅是安全的。這隻股票是長期以分紅為導向的投資者在其投資組合中包含的絕佳選擇。</p>

可口可樂

<p>可口可樂（Coca-Cola，股票代碼：KO）股價下跌了 4%，儘管它仍然是一個強勁的長期投資，特別是對於尋求分紅的投資者。該公司在第二季度報告了 1% 的温和收入增長，達到 125 億美元，每股收益增長了 4%。可口可樂的創新、強大的品牌影響力以及 63 年來持續的分紅增長（收益率為 2.9%）使其對投資者具有吸引力。儘管近期表現不佳，但其韌性的商業模式和適應消費者偏好的能力表明，長期持有者的未來仍然充滿希望</p>

<p>Beverage specialist <strong>Coca-Cola</strong>(KO 1.40%) started the year strong, but it has flatlined -- at best -- since May. Since July, the stock has declined by 3%, while the <strong>S&amp;P 500</strong> has increased by 4% over the same period. It's never a good idea to sell a stock based on a few months of underperformance, and in this case it would be an especially bad idea. All things considered, Coca-Cola is a terrific pick, particularly for those seeking solid dividend stocks. Here is why the iconic beverage maker is a worthwhile long-term investment.</p>
<div class="lb-trans"><p>飲料專家 <strong>可口可樂</strong>(KO 1.40%) 在年初表現強勁，但自五月以來表現平平，最多也只是持平。自七月以來，股價下跌了 3%，而同期 <strong>標準普爾 500 指數</strong> 上漲了 4%。基於幾個月的表現不佳而出售股票從來不是一個好主意，在這種情況下尤其如此。綜合考慮，可口可樂是一個絕佳的選擇，特別適合那些尋求穩定分紅股票的投資者。以下是這家標誌性飲料製造商為何值得長期投資的原因。</p>
</div><h2>Coca-Cola's resilient underlying business</h2>
<div class="lb-trans"><h2>可口可樂的韌性基礎業務</h2>
</div><p>Coca-Cola's shares likely rose earlier this year because it was perceived as a safe option amid the threat of tariffs. The company is a well-established leader in the consumer staples sector, an industry known for its resilience during economic downturns. Furthermore, although Coca-Cola has a presence in nearly every country, it tends to manufacture products locally for each region, helping it avoid heavy import duties.</p>
<div class="lb-trans"><p>可口可樂的股價在今年早些時候可能上漲，因為它被視為在關税威脅下的安全選擇。該公司是消費品行業的知名領導者，這個行業在經濟衰退期間以其韌性而聞名。此外，儘管可口可樂幾乎在每個國家都有業務，但它傾向於為每個地區本地生產產品，從而幫助其避免高額的進口關税。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjkyMTEvcGVyc29uLWRyaW5raW5nLWJvdHRsZWQtZHJpbmstd2l0aC1hLXN0cmF3LmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F829211%2Fperson-drinking-bottled-drink-with-a-straw.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><p>That said, Coca-Cola's financial results haven't been particularly strong this year. In the second quarter, the company's net revenue increased by just 1% year over year to $12.5 billion. Coca-Cola's non-GAAP (generally accepted accounting principles) net earnings per share grew by 4% year over year to $0.87. Still, Coca-Cola continues to exhibit qualities that make it an excellent long-term investment. One of them is innovation. Coca-Cola has consistently updated its product lineup to cater to shifting consumer preferences.</p>
<div class="lb-trans"><p>儘管如此，可口可樂的財務業績在今年並不特別強勁。在第二季度，該公司的淨收入同比僅增長 1%，達到 125 億美元。可口可樂的非公認會計原則（non-GAAP）每股淨收益同比增長 4%，達到 0.87 美元。儘管如此，可口可樂仍展現出使其成為優秀長期投資的特質。其中之一就是創新。可口可樂始終在更新其產品線，以迎合不斷變化的消費者偏好。</p>
</div><p>The company's CEO, James Quincey, explained the importance of this during Coca-Cola's second-quarter earnings conference call: &#34;I think the industry, given its size, its attractiveness and its growth potential, we're always looking for opportunities to innovate and see whether there's an intersection of new ideas and where consumer preferences are evolving toward, remembering that actually most innovations don't work in the long-run.&#34;</p>
<div class="lb-trans"><p>該公司的首席執行官詹姆斯·昆西在可口可樂的第二季度財報電話會議上解釋了這一點的重要性：“我認為，考慮到行業的規模、吸引力和增長潛力，我們始終在尋找創新的機會，看看是否有新的想法與消費者偏好的演變交匯，記住實際上大多數創新在長期內並不奏效。”</p>
</div><p>The company launched Sprite + Tea during the second quarter, a new product that gained popularity on social media. Coca-Cola plans to introduce a cane sugar-flavored Coke product this fall. The company has created Coke products with added dietary fiber in Japan and plans to continue exploring fiber-enhanced options.</p>
<div class="lb-trans"><p>該公司在第二季度推出了 Sprite + Tea，這是一款在社交媒體上獲得人氣的新產品。可口可樂計劃在今年秋季推出一款甘蔗糖口味的可樂產品。該公司在日本推出了添加膳食纖維的可樂產品，並計劃繼續探索增強纖維的選項。</p>
</div><p>Coca-Cola's lineup is constantly evolving. The company boasts products across almost every major beverage category. Coca-Cola also has the means to acquire up-and-coming brands and bring them into its ecosystem. Another great thing is that, thanks to its incredibly strong brand, a few highly popular products can have a significant impact on the company's results. Coca-Cola's name recognition also guarantees it a spot on grocery store shelves, something that isn't easy for newcomers in this highly competitive market.</p>
<div class="lb-trans"><p>可口可樂的產品線不斷演變。該公司在幾乎所有主要飲料類別中都有產品。可口可樂還具備收購新興品牌並將其納入其生態系統的能力。另一個好處是，得益於其極強的品牌影響力，幾款非常受歡迎的產品可以對公司的業績產生重大影響。可口可樂的品牌知名度也確保了它在雜貨店貨架上的位置，這在競爭激烈的市場中對新進入者來説並不容易。</p>
</div><p>Coca-Cola may not blow the market out of the water every single quarter, but it generates consistent revenue and profits, routinely launches new products to expand its reach, has a moat thanks to its brand name, and can navigate challenging market conditions. That makes the stock highly attractive to long-term investors.</p>
<div class="lb-trans"><p>可口可樂可能並不會在每個季度都超越市場，但它能夠持續產生收入和利潤，定期推出新產品以擴大市場覆蓋面，憑藉其品牌名稱擁有護城河，並能夠應對挑戰性的市場環境。這使得該股票對長期投資者極具吸引力。</p>
</div><h2>A rare dividend track record</h2>
<div class="lb-trans"><h2>稀有的分紅記錄</h2>
</div><p>Coca-Cola hasn't just been successful for a while. The company has also been paying -- and growing -- its dividend for a long time. Coca-Cola has achieved a streak of 63 consecutive years of dividend payout increases, earning it the title of Dividend King. This period encompasses numerous recessions, several wars, presidential administrations, regulatory changes, and significant shifts in consumer preferences. Coca-Cola's ability to continue rewarding shareholders with payout hikes through all this speaks volumes about the business.</p>
<div class="lb-trans"><p>可口可樂不僅在一段時間內取得了成功。該公司還長期以來一直在支付並增加其分紅。可口可樂實現了連續 63 年的分紅增長，獲得了 “分紅之王” 的稱號。這一時期經歷了多次經濟衰退、幾場戰爭、多個總統任期、監管變化以及消費者偏好的重大轉變。可口可樂在這一切中繼續獎勵股東的能力充分證明了其業務的穩健。</p>
</div><p>The company's forward yield tops 2.9%, higher than the S&amp;P 500's average of 1.3%. Is Coca-Cola's dividend sustainable? The company's payout ratio of 70.6% looks high. But in my view, it's nothing to worry about. A lot would have to go wrong for Coca-Cola to interrupt its long track record of dividend increases and have to start from scratch to maybe join the ranks of Dividend Kings again in another 50 years. Even during the pandemic, when foot traffic in stores decreased and the company's revenue and earnings fell significantly, Coca-Cola continued to grow its payouts.</p>
<div class="lb-trans"><p>該公司的前瞻性收益率超過 2.9%，高於標準普爾 500 指數的平均水平 1.3%。可口可樂的分紅是否可持續？該公司的分紅支付比率為 70.6%，看起來較高。但在我看來，這並不值得擔憂。可口可樂需要經歷很多不利因素，才能打斷其長期的分紅增長記錄，並可能需要從頭開始，才能在未來 50 年內再次加入分紅之王的行列。即使在疫情期間，當商店的客流量減少，公司收入和收益大幅下降時，可口可樂仍繼續增加其分紅。</p>
</div><p>The dividend is safe. The stock is an excellent choice for long-term, dividend-oriented investors to include in their portfolios.</p>
<div class="lb-trans"><p>分紅是安全的。這隻股票是長期以分紅為導向的投資者在其投資組合中包含的絕佳選擇。</p>
</div>

1 Magnificent S&P 500 Dividend Stock Down 4% to Buy and Hold Forever

- 可口可樂在今年初表現強勁，但自五月以來表現平平。  
- 第二季度淨收入同比僅增長 1%，但公司持續創新以適應消費者偏好。  
- 可口可樂已連續 63 年提高股息，適合長期投資者。  

一隻表現卓越的標普 500 股息股票下跌 4%，值得長期買入和持有