How Warren Buffett's $25 bn Coca-Cola bet earns him $776 mn in dividends

Quick Summary:

With 400 million shares in its portfolio, Berkshire Hathaway is set to receive substantial payouts.

As he explained in a 2015 interview with Fortune, Coca-Cola constitutes a quarter of his daily calorie intake.“If I eat 2,700 calories daily, a quarter of that is Coca-Cola.

Warren Buffett’s investment in Coca-Cola is often cited as one of the most iconic in the world of finance.

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Category: BusinessFinance

Markets: IndiaSri Lanka

Topics: $25 billion investment Dividend updates Pepsi to Coca-Cola transition Berkshire Hathaway dividends Coca-Cola dividends 2024 Coca Cola news Warren Buffett Coca-Cola stake Cherry Coke Coca-Cola investment Dividend earning Warren Buffett Don Keough Coca-Cola Coca Cola Dividend

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-23 @ 14:22:32 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 408 words

Reading Time: 3 minutes read

Sentences: 23 lines

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Copyright Owner: © Business Standard

News ID: 23776944

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