Coca-Cola (KO)

Coca-Cola (KO) is Warren Buffett's favorite dividend stock, boasting 62 straight years of payout increases. Its global beverage empire spans 200+ countries and 500+ brands, generating over $8 billion in annual dividends to shareholders. KO's 3.1% yield is higher than #3 Realty Income's 5% yield, but its dividend growth consistency outpaces Realty Income's REIT model. With a payout ratio of 75%, KO balances generous income with sustainable growth, making it a blue-chip stalwart.