This Warren Buffett stock just earned him almost $200 million
CCiti(C) Finbold·2024-04-02 16:49

Dividend investing is often hailed as an excellent way to grow wealth, and who better to prove its worth than Warren Buffett, the esteemed investor and chairman of Berkshire Hathaway (NYSE: BRK.A). He recently pocketed nearly 200millionsolelyfromdividendsfromasinglestock.Toelaborate,onApril1,CocaCola(NYSE:KO)distributeditsquarterlydividendof200 million solely from dividends from a single stock. To elaborate, on April 1, Coca-Cola (NYSE: KO) distributed its quarterly dividend of 0.485 per share. With Berkshire Hathaway holding 400 million shares, its total dividend payout amounted to a staggering $194 million in just one ...