5 Warren Buffett Dividend Stocks by Sectors and Industries

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

Berkshire Hathaway’s Stake Value: $24,088,000,000
Sector: Consumer Staples
Industry: Beverages—Non-Alcoholic

The Coca-Cola Company (NYSE:KO) is one of the oldest Warren Buffett holdings as the billionaire has been investing in the company since 1988. As of the most recent quarter, the hedge fund owned 400 million KO shares, worth over $24 billion. The company made up 6.91% of the hedge fund’s 13F portfolio.

In 2023, The Coca-Cola Company (NYSE:KO) stretched its dividend growth streak to 61 years, which makes it one of the best Warren Buffett dividend stocks from the consumer staples industry. The company offers a quarterly dividend of $0.46 per share and has a dividend yield of 3.13%, as of September 5.

At the end of Q2 2023, 61 hedge funds in Insider Monkey’s database owned stakes in The Coca-Cola Company (NYSE:KO), the same as in the previous quarter. The overall value of these stakes is over $27.2 billion.

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