Coca-Cola Remains Berkshire's Top Dividend Asset Under Greg Abel

Coca-Cola remains one of Berkshire Hathaway's most enduring investments under new CEO Greg Abel.

This is not surprising, given the beverage giant's consistent cash flow and dividend returns. Warren Buffett started building his stake in Coca-Cola after the 1987 stock market crash, accumulating approximately 400 million shares by 1994 for a total cost of around $1.3 billion.

Today, that stake is worth nearly $36 billion, with Coca-Cola paying an annual dividend of $2.12 per share, generating roughly $848 million in cash dividends each year for Berkshire alone.

This massive dividend stream provides Berkshire with significant capital allocation capacity, which can be redeployed into new investments or used to support the expansion of its business segments.