Warren Buffett Hasn't Changed His Mind About This Stock in Years. Should You?

The article notes that Berkshire Hathaway has held exactly 400 million Coca-Cola shares since August 1994, now representing about 9.8% of its stock portfolio. Berkshire’s stake has generated growing dividend income — the holding produced roughly $80 million in quarterly dividends when Coca‑Cola’s payout was $0.20 and now yields about $212 million quarterly — underscoring the holding’s income focus. The piece frames Coca‑Cola as a steady, blue‑chip dividend pick (64 consecutive years of annual dividend increases) rather than a high‑growth stock, and argues Berkshire’s lack of additional purchases reflects capital allocation preferences rather than a lack of confidence. Market takeaway: Coca‑Cola is positioned as a reliable income play attractive to dividend investors; the story reinforces defensive, dividend‑oriented demand rather than growth speculation.