Warren Buffett is about to collect $204M in dividends from this stock
Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) is set for another massive payday. With 400 million shares of Coca-Cola (NYSE: KO) in its portfolio, the Omaha-based conglomerate will receive a $204 million dividend check on December 15, following the beverage giant’s latest quarterly payout declaration of $0.51 per share.On an annualized basis, Berkshire Hathaway now earns more than $800 million a year from its KO stake, a return that far eclipses the company’s original cost basis.Coca-Cola stock perform ...