2 Unstoppable Dividend King Stocks to Buy Right Now for Less Than $1,000

By Reuben Gregg Brewer – Mar 11, 2026 at 7:15AM ESTKey PointsCoca-Cola is a global beverage giant with an attractive yield and reasonable valuation.Procter & Gamble is a global consumer products giant with an attractive yield and a reasonable valuation. Coca-Cola and P&G are both Dividend Kings.The S&P 500 index (^GSPC 0.21%) has a tiny 1.1% dividend yield. Coca-Cola's (KO 0.01%) yield is 2.6% and Procter & Gamble's (PG +0.51%) yield is 2.7%. The big story, however, is that Coca-Cola and P&G are both Dividend Kings, with over 50 years' worth of annual dividend increases behind each one. Here's why now could be a good time to buy one, or both, of them. You will keep buying consumer goods Coca-Cola makes beverages, such as soda. Procter & Gamble makes consumer products such as deodorant, toilet paper, and toothpaste. You aren't going to stop buying the things these companies sell because of geopolitical conflicts or economic downturns. They are life necessities. This fact provides a very solid business foundation for both of these Dividend Kings. Image source: Getty Images. That said, both are industry leaders in their respective niches, offering higher-end products. However, because the products are relatively low-cost, they are often viewed as affordable luxuries and have very loyal customer bases. Meanwhile, Coca-Cola and P&G both have strong distribution, marketing, and innovation abilities that should help to keep them growing for years to come. That, in turn, should keep their dividends expanding, too. ExpandNYSE: PGProcter & GambleToday's Change(0.51%) $0.79Current Price$156.01Key Data PointsMarket Cap$363BDay's Range$153.60 - $157.1552wk Range$137.62 - $174.80Volume5.4KAvg Vol11MGross Margin51.11%Dividend Yield2.71% Not cheap, but not expensive The fact that Coca-Cola and P&G are industry-leading consumer staples businesses is very well known on Wall Street. In fact, they rank among the largest consumer staples companies in the world, according to Motley Fool research. But you can buy them both for a reasonable price today. ExpandNYSE: KOCoca-ColaToday's Change(-0.01%) $-0.01Current Price$77.79Key Data PointsMarket Cap$335BDay's Range$77.10 - $78.4052wk Range$65.35 - $82.00Volume1.5KAvg Vol18MGross Margin61.75%Dividend Yield2.62% Coca-Cola's price-to-earnings ratio is 25x right now, which is a touch below its five-year average P/E of 26x. P&G's P/E ratio is just under 23x, which is below its five-year average P/E of 25x or so. Neither is a screaming value, but both look at least fairly priced, if not a little cheap. A $1,000 investment will let you buy 12 shares of Coca-Cola or six shares of P&G. You can rest comfortably with these two Dividend Kings Given their seemingly unstoppable dividend growth, well-above-market yields, attractive valuations, and strong business foundations, even the most conservative investor should find Coca-Cola and P&G of interest amid rising uncertainty. And if there is a recession and/or bear market, you can focus on the dividends you are collecting instead of stock prices. That way, you can sleep well at night as you wait for the market to resume its steady, long-term upward climb again. Just like it has done after every other recession and bear market before.Read NextMar 10, 2026 •By Daniel SparksCoca-Cola Stock Is Crushing the Market This Year.

Is It Time to Buy?Mar 9, 2026 •By Leo SunBetter Stock to Buy Right Now: Coca-Cola (KO) vs. Altria (MO)Mar 8, 2026 •By Neil Patel2 Best Dividend Stocks to Buy Now and Hold ForeverMar 8, 2026 •By Lawrence Rothman, CFA1 Ultra-High-Yield Consumer Goods Stock to Buy Hand Over Fist and 1 to AvoidMar 5, 2026 •By Reuben Gregg BrewerThe Best Stocks to Invest $1,000 in Right NowMar 4, 2026 •By Leo SunMy Top 2 Dividend Kings to Buy for March 2026About the AuthorReuben Gregg Brewer is a contributing Motley Fool stock market analyst covering energy, utilities, REITs, and consumer staples. He is the former director of research at Value Line Publishing, where he rose from mutual fund analyst to equity analyst before leading all research operations. Reuben holds a bachelor’s degree in psychology from SUNY Purchase, a master’s in social work from Columbia University, and an MBA from Regis University. He has been featured as a financial expert on CNBC and in the Financial Times, Barron’s, and InvestmentNews.TMFReubenGBrewerStocks MentionedCoca-ColaNYSE: KO$77.88(+0.10%)+$0.08S&P 500 IndexSNPINDEX: ^GSPC$6,781.48(-0.21%)-$14.51Procter & GambleNYSE: PG$156.01(+0.51%)+$0.79*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.