by Ian Cooper

One of the best ways to build wealth is with dividend stocks.

Look at Realty Income (O), for example.

With a yield of 5.03%, the real estate investment trust (REIT) has been paying out a monthly dividend for 30 consecutive years. In fact, its latest dividend of $0.2685 per share will be paid on June 13 to shareholders of record as of June 2.

Annualized, that’s a $3.222 per share dividend.

Coca-Cola

Coca-Cola (KO) yields $1.97 a year.

Better, you can make even more money from future KO stock appreciation – especially with recent stock upgrades. For example, Barclays just raised its price target on KO to $73 with an overweight rating. The firm cites brand popularity among investors and strong earnings.

BNP Paribas analysts also say that as compared to other consumer peers, Coca-Cola continues to hit on all cylinders and stands out fundamentally within the group. Plus, the company is still admired by Warren Buffett.

Southwest Airlines

Southwest Airlines (LUV) yields 72 cents a year.

Helping, insiders have been buying stock.

On April 28, David Hess paid $200,000 for 7,500 Southwest shares, an average price of $26.52. On April 29, board member Pierre Breber paid $268,900 for 10,000 Southwest shares, an average price of $26.89 each. Board member Gregg Saretsky paid $100,200 for 3,670 shares at an average price of $27.29 each.

Analysts at Jefferies just upgraded LUV to a hold rating, noting:

“Southwest is adopting major data-driven strategy changes that we agree with, including greater cabin segmentation with paid assigned and extra legroom seats, redeye flying, international partnerships, rationalized capex, and fleet monetization.”

All are a great way to create dependable, consistent income.