Daily Archives: February 21, 2020

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Nestlé: Credit Suisse lifts rating

European Dividend Aristocrats, NewsBy dividend_investor February 21, 2020

On Friday, the broker Credit Suisse upgraded its rating on Nestle from ‘underperform’ to ‘neutral’. The Credit Suisse analyst has also raised its target price for the share from 93 CHF to 103 CHF. Diving into Nestlé’s coffee business – which accounts for about 25% of the group’s profits – the broker said it expects…

Dividend Aristocrat Coca-Cola raises quarterly dividend

dividend-aristocrats, NewsBy dividend_investor February 21, 2020

Dividend Aristocrat and Dividend King Coca-Cola (KO), the world’s largest soft drinks maker, said on Thursday that it is raising its quarterly dividend by 2.5% from $0.40 to $0.41 a share. This is the 58th consecutive annual dividend increase. The dividend is payable on 1 April to shareholders on record as of 15 March. The…