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Today, The Coca-Cola Company (KO) reported that its revenues, operating margins, and free cash flow rose in 2023 and Q4. Moreover, Coke will likely to hike its upcoming dividend, giving KO stock a 3.25% yield. That makes it attractive to value investors. Coca-Cola said revenues were up 7% for the quarter and 2% for all of 2023. In addition, its operating margin was 21.0% versus 20.5% in the prior year. More importantly, its free cash flow (FCF) rose to $9.75 billion in 2023, which was 2% higher than the $9.54 billion it made in 2022. Its FCF margin fell from 22.2% in 2022 to 21.3%, but this mi…

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