Warren Buffett Is Set To Collect $776 Million In Coca-Cola Dividends – But Daughter Says His Wife Buys Him The Soda 'On Sale'

Warren Buffett is a master of making money – and Coca-Cola is one of his biggest cash cows. In 2024, Berkshire Hathaway, Buffett's investment behemoth, is set to rake in $776 million in Coca-Cola dividends alone. 

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That's right: $776 million for holding 400 million shares. According to Moneywise, this massive payout comes from Coca-Cola upping its quarterly dividend to 48.5 cents per share. If you're doing the math, that's $0.485 x 4 x 400,000,000. It’s not a bad haul for simply sitting on a mountain of Coke stock.

Buffett's love for Coca-Cola isn't just financial – it's personal. The 94-year-old billionaire famously drinks five cans daily and gets roughly 25% of his daily calories from the fizzy stuff. In a 2015 Fortune interview, he admitted, "If I eat 2,700 calories daily, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it every day." 

However, despite being ...

Full story available on Benzinga.com