Meet the Stock That Just Paid Warren Buffett $184 Million in Quarterly Dividends, and Another That's About to Pay Him $248 Million
Warren Buffett makes money without even trying. How? His Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio is loaded with dividend stocks.
Some of Berkshire's holdings don't generate an enormous amount of dividend income, but a few definitely do. Meet the stock that just paid Warren Buffett $184 million in quarterly dividends, and another that's about to pay him nearly $248 million.
Buffett has been a big fan of Coca-Cola (NYSE: KO) for a long time. He first led Berkshire to initiate a position in the food and beverage giant in 1988. The Oracle of Omaha revealed in the past that he drinks five cans of either Diet Coke or Cherry Coke each day. He told CNBC's Becky Quick earlier this year, "I'm happier when I'm eating hot fudge sundaes or drinking Coke."
Source Fool.com