Here's How Much Warren Buffett's Berkshire Hathaway Earns In Dividends From Its Investment in Coca-Cola Stock
Warren Buffett's Berkshire Hathaway (NYSE:BRK) owns 400 million shares of The Coca-Cola Company (NYSE:KO) stock, which is roughly 9.3% of the company. And it's a significant stake for Berkshire, representing approximately 6.5% of its portfolio.
Coca-Cola is one of the world's leading beverage companies and it currently rewards its shareholders with a quarterly dividend of $0.485 per share, equating to an annual dividend of $1.94 per share. Let’s find out how much Berkshire will earn in dividends from its stake.
Don't Miss:
If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
Elon Musk has reportedly bought 6,000 acres of land just outside of this city. Here’s how to invest in its growth before he floods it with new tech workers.
To determine the total annual dividend income from this investment, we multiply the number of shares by the annual dividend per share:
Total Annual Dividend = Number of Shares x Annual Dividend per Share
So...
Trending: This real estate fund backed by Uber CEO Dara Khosrowshahi gives you instant access to a portfolio of rental properties, and you only need $100 to get started.
Berkshire shares of Coca-Cola: 400,000,000
Coca-Cola annual dividend per share: $1.94
Total Annual Dividend = 400,000,000 x 1.94
Result: $776,000,000
Berkshire Hathaway will receive $776 million in dividends from Coca-Cola this year based on its current dividend rate. This equates to $194 million quarterly, or about $2.13 million daily.
The income Berkshire earns from Coca-Cola aligns with Warren Buffett’s investment philosophy, which emphasizes steady, predictable returns – and it's also worth noting that Coca-Cola has raised its annual dividend payment for 62 consecutive years, so Berkshire's annual income will likely grow in the years ahead.
Keep Reading:
This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100.
Elon Musk and Jeff Bezos are bullish on one city that could dethrone New York and become the new financial capital of the US.
Image Credit: Shutterstock
"ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!
Get the latest stock analysis from Benzinga?
This article Here's How Much Warren Buffett's Berkshire Hathaway Earns In Dividends From Its Investment in Coca-Cola Stock originally appeared on Benzinga.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
