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The Coca-Cola Company is the world's largest nonalcoholic beverage company, owning or licensing more than 200 brands in over 200 countries. Its product portfolio includes Coca-Cola, Sprite, Fanta, Dasani, Minute Maid, Costa Coffee, and Topo Chico, among many others. The company operates primarily through a franchise model, manufacturing beverage concentrates and syrups that are sold to bottling partners who produce, package, and distribute the final products. Coca-Cola has been diversifying beyond carbonated soft drinks into water, sports drinks, tea, coffee, juice, and plant-based beverages. Founded in 1886 by John Stith Pemberton, the company is headquartered in Atlanta, Georgia. Coca-Cola is one of the most recognized brands globally and has been a consistent dividend payer, increasing its dividend annually for over 60 consecutive years.