Chevron also pays an excellent dividend yield of around 3.6%. The dividend has been increased for 35 years, making the company a Dividend Aristocrat and Dividend Champion.
Despite high inflation and increasing costs, Coca-Cola has shown its resilience. Sales grew 18% in the first quarter and 12% in the second quarter on higher volumes and prices.
Stocks like Coca-Cola, IBM, and Chevron have performed relatively well during this time of high inflation and may be amongst the best ones to fight inflation.
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