1 Top Warren Buffett Stock for Dividend Investors
This tech giant could become a dividend beast over the next decade and beyond.
Warren Buffett's investment portfolio has seen changes under new CEO Greg Abel, but some long-standing investments remain. Apple is Berkshire Hathaway's largest position, according to Motley Fool. Despite its low 0.3% yield, Apple may be considered a dividend stock.
Coca-Cola is another one of Buffett's favorite stocks and a long-standing investment in Berkshire's portfolio. Buffett bought Coca-Cola stock for Berkshire Hathaway after the 1987 stock market crash. By 1994, Berkshire had accumulated approximately 400 million shares for $1.3 billion. Yahoo Finance reports those shares are now worth nearly $36 billion.
Coca-Cola's shares pay out roughly two-thirds of Buffett's initial investment each year through dividends, which currently total $2.12 per share, as per Yahoo Finance.
Brief written by urgent.news from Motley Fool, Yahoo Finance — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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