It is important to never marry any type of stock no matter how much you love their brand or their products. I’ve made that mistake before and payed dearly with experiencing dividend cuts and never ending grind down of the stock value. Therefore, it is essential to monitor current holding fundamentals to make sure the business I am invested keeps and stays not just afloat but thriving. With that in mind, I decided to sell the whole stake in Coca-Cola Co. ($KO) due the following reasons below. Capital preservation and safety first!
- Straight 5 years of declining revenues
- Payout ratio is too high
- Straight 5 years of declining EPS
- Sugary drinks consumption is declining
I sold all 28 shares of Coca-Cola Co. ($KO) for the price of $50.16 per share for a total recoupment of $1,404.48 subtracting of around $43.68 to my annual dividend income.
The Portfolio “The Dividend Machine” has been updated with link ➡️ here.