
Coca-Cola continues to offer a very safe dividend, having increased payouts for 64 consecutive years. Despite a high free cash flow payout ratio in 2025 due to a one-time payment, management expects healthier cash flow in 2026, supporting a 3.9% dividend increase. The company maintains a strong balance sheet with over $10 billion in cash and manageable debt, while earnings and cash flow comfortably cover dividends. With global pricing power and low stock volatility, Coca-Cola is a reliable income choice for retirees seeking dividends that keep pace with inflation.