Best Dividend Stock 2024: Coca-Cola Stock vs. IBM Stock

By Parkev Tatevosian, CFA – Jan 24, 2024 at 4:05PM

NYSE: KO

Coca-Cola

Market Cap

$266B

Today's Change

(%)

Current Price

$61.74

Price as of April 26, 2024, 4:00 p.m. ET

Investors looking to generate passive income have an excellent opportunity to buy one of these two dividend stocks.

Fool.com contributor Parkev Tatevosian compares Coca-Cola (KO) and IBM (IBM -1.05%) to determine which is the best for passive income investors.

*Stock prices used were the afternoon prices of Jan. 22, 2024. The video was published on Jan. 24, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends International Business Machines. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.