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Stock impact report

Is Coca Cola (KO) The Best Forever Dividend Growth Stock To Buy Now? [Yahoo! Finance]

Coca-Cola Company (The) (KO) 
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
Company Research Source: Yahoo! Finance
Coca Cola Co (NYSE:KO) has been a key part of Berkshire's portfolio over the past several years as the Oracle of Omaha's faith in the company remained unwavering. As of the end of the fourth quarter, Berkshire's stake in Coca Cola Co (NYSE:KO) was worth $27.96 billion. Who better to make the bull case for Coke than Buffett himself? Years ago, he explained in his letter to investors why Coke's moat is solid, and that thesis remains valid to date. Buffett at the time (it was 1993) said Coka was like the “Barbie” of beverages because you can reliably predict that people will still want a Coke in 30 years. Buffett believed the long-term risk for stocks like Coke was significantly lower than that of a fast-moving technology company. In his 2022 letter, Buffett said he expects Coca Cola Co (NYSE:KO)'s dividend growth to hit like birthdays. “The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, Show less Read more
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