Dividend Growth Investor
Dividend Growth Investor

@DividendGrowth

6 Tweets 1 reads Mar 01, 2023
Warren Buffett's company will receive $736 Million in dividends from Coca-Cola this year
They paid $1.3 Billion to acquire 400 million shares of Coca-Cola between 1988 and 1994
He's earning an yield on cost of over 56% on this investment
Berkshire receives their original cost in dividends alone every two years on average
Warren Buffett's Berkshire has received $9.866 Billion in dividends from that Coca-Cola position
It is worth almost $24 Billion today
In 1994, Coca-Cola paid $78 Million in annual dividends to Berkshire Hathaway
That amount increased to $704 million in 2022 and is projected to reach $736 Million in 2023
Warren Buffett specifically mentioned this dividend growth investment as one of his best investments in his recent 2022 annual letter to Berkshire Hathaway shareholders
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Happy Coca-Cola Dividend Day Warren Buffett
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