5 Best Dividend Stocks To Buy According To Warren Buffett

3. The Coca-Cola Company (NYSE: KO)

The consumer staples company Coca-Cola (NYSE: KO) is a dividend king amid its history of increasing dividends in the past 58 successive years. Berkshire first initiated a position KO in 2001. The stock holding represented 8.13% of the overall portfolio at the end of the latest quarter. The company offers a quarterly dividend of $0.42 per share at present, yielding above 3.20%.

The number of long hedge fund bets increased by 2 lately. The Coca-Cola Company was in 62 hedge funds’ portfolios at the end of the fourth quarter of 2020. The all-time high for this statistic is 62. This means the bullish number of hedge fund positions in this stock currently sits at its all-time high. Our calculations also showed that KO isn’t among the 30 most popular stocks among hedge funds (click for Q4 rankings).