This Iconic Stock Has Increased in Value for Decades, But Now Analysts Are Cautioning

Coca-Cola is one of the most recognizable brands globally, but the stock has struggled over the last 5 years

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Revenue and earnings hit major rough patches earlier this decade before starting to rebound recently

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Berkshire Hathaway owns 400 million shares of Coke and Warren Buffett refuses to sell, but hasn't bought since 1988

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Management hopes to deliver over 10% organic revenue growth in 2023 compared to 2022

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However, the dividend payout ratio is approaching 75% leaving little wiggle room if profits decline

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Coca-Cola already has $25 billion in debt and owes billions in disputed back taxes

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With rising rates, most 2023 cash flow is tied up paying dividends and buying back stock

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The P/E valuation looks reasonable but expectations for soaring profits appear optimistic

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Income investors can likely still collect reliable dividends, but growth prospects look iffy

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