Coca-Cola Yields 2.3% and Nike Yields 4.4%. Here's Why Only 1 of These High-Yield Dividend Stocks Is a Buy This October.

While Nike offers a higher dividend yield of 4.4% compared to Coca-Cola's 2.3%, Coca-Cola is the better buy in October due to superior business stability. Coca-Cola has raised dividends for 64 consecutive years with a 34.9% operating margin, while Nike faces significant headwinds including declining sales, competitive pressures, and stock trading 79% below its 2021 peak despite a 128% dividend growth over the past decade.