The Coca-Cola Company (KO)

The Coca-Cola Company has paid consecutive quarterly dividends for over 60 years, officially making it a Dividend King. The company has increased or maintained its annual dividend payout every single year since 1963. This streak makes it one of the most reliable dividend stocks on the New York Stock Exchange for passive income.

Yes, Warren Buffett's holding company Berkshire Hathaway owns approximately 400 million shares of Coca-Cola. This massive stake, originally purchased in the late 1980s, represents one of his most famous and successful long-term investments. The massive dividend payouts from KO essentially pay back Berkshire's entire initial investment every few years.

The Coca-Cola Company trades publicly on the New York Stock Exchange (NYSE) under the ticker symbol KO. It is one of the most widely held and recognizable blue-chip stocks in the world. The ticker is simple and easy to remember, reflecting the company's popular nickname and global beverage dominance.

James Quincey currently serves as the Chairman and Chief Executive Officer of The Coca-Cola Company. He took over the top executive position from Muhtar Kent in May 2017. Under his leadership, the company has focused heavily on Zero Sugar variations and diversifying its portfolio beyond traditional carbonated soft drinks.