Why Coca-Cola Has Been In Warren Buffet’s Portfolio For 33 Years?
Why Coca-Cola Has Been In Warren Buffet's Portfolio For 33 Years? Beverage giant Coca-Cola (NYSE: KO), with Berkshire's annual yield of 52 percent on an initial investment basis, has been in Buffet's investment portfolio for 33 years. Coca-Cola is making history as Buffet's longest affiliated holding. 400 million shares owned by Berkshire cost $ 1.299 billion, which makes $ 3.2475 per share. Coca-Cola has increased its dividend amount to $ 1.68 in the report announced in February, and the annual dividend amount it has increased for 59 consecutive years is a feature that cannot be underestimated. Buffett and his team predict...
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