3 Dividend Stocks to Double Up on Right Now

Sometimes the next great stock idea is pretty hard to find. That's why well-known investor Peter Lynch famously said that the "best stock to buy is the one you already own." With that advice in mind, right now is a great time to consider adding to your positions in Coca-Cola (NYSE: KO), NextEra Energy (NYSE: NEE), and Vici Properties (NYSE: VICI). These are great dividend stocks to double up on right now, as long as that won't overallocate your portfolio to those positions. If you don't already own shares, now's a great time to consider jumping in.  Coca-Cola has been a fantastic dividend stock over the years. The beverage giant recently declared its latest dividend payment. It's giving investors a 5.2% raise. That marks the 63rd year in a row that Coca-Cola has increased its dividend. This streak puts the company in the elite group of Dividend Kings, companies with 50 or more years of annual dividend increases. With that raise, Coca-Cola's dividend now yields 2.9%, more than double the S&P 500's 1.3% dividend yield. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool