Warren Buffett's $816 Million Annual Dividend from Coca-Cola Investment
AI Summary1 min read
TL;DR
Warren Buffett's 1988 Coca-Cola investment now yields $816 million in annual dividends, showcasing the benefits of long-term patience and belief in strong global brands.
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The Coca-Cola
Warren Buffett's investment in Coca-Cola in 1988 has paid off with an annual dividend payout of $816 million, translating to over Rs 6,800 crore. Despite critics dismissing the company as just a sugary drink maker, Buffett remained patient and added more shares. His personal taste for Coca-Cola and understanding of the brand's global appeal contributed to his decision. This example highlights the power of long-term investment and the importance of holding strong stocks for years.
