Berkshire Hathaway's new CEO, Greg Abel, continues to hold Coca-Cola shares, which generate $848 million in annual dividend income for Berkshire.
Berkshire Hathaway's new CEO, Greg Abel, continues to hold Coca-Cola shares, a long-favored stock of Warren Buffett. Berkshire currently owns approximately 400 million shares of Coca-Cola, valued at nearly $36 billion. Coca-Cola pays an annual dividend of $2.12 per share, generating $848 million in annual dividend income for Berkshire. Coca-Cola has increased its dividend for 64 consecutive years, and its estimated 2026 dividend is projected to represent only 64% of the company's estimated earnings. Analysts expect its earnings to grow by 8% to 9% annually over the next three to five years.
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