Warren Buffett Collected $816 Million in Dividends From This Single Stock

Core Insights - Berkshire Hathaway holds a significant 9.32% stake in Coca-Cola, benefiting from a 63-year dividend growth streak, with the latest quarterly dividend of $0.51 per share paid on December 15, 2025 [2][3][7] - The annualized dividend of $2.04 per share generates approximately $816 million annually for Berkshire Hathaway from its 400 million shares, translating to about $204 million per quarter [4][5][9] Dividend Growth and Performance - Coca-Cola has raised its dividend for 63 consecutive years, achieving Dividend King status, with a recent increase of 5.2% from $0.485 to $0.51 per share in 2025 [7] - Over the past five years, Coca-Cola's dividend has increased from $1.60 in 2019 to $2.04 in 2025, representing a cumulative increase of 27.5% [7] Dividend Sustainability - In 2025, Coca-Cola paid out $8.78 billion in dividends against an operating cash flow of $7.41 billion, resulting in a payout ratio of 118.5%, indicating that the company distributed more cash to shareholders than it generated from operations [8][9] - Coca-Cola projects a free cash flow of $12.2 billion for 2026, following two years of dividend payouts exceeding operating cash flow [9]