Warren Buffett’s Top 5 Dividend Stock Picks

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

Berkshire Hathaway’s Stake: $25.4 billion

The Coca-Cola Company (NYSE:KO) is one of the most sought-after dividend stocks since the company has upped its dividend for six decades without break. In April, The Coca-Cola Company (NYSE:KO) posted its first quarter results according to which its adjusted EPS came in at $0.68, beating estimates by $0.03. Revenue in the quarter jumped about 4.8% year over year to $11 billion, beating estimates by $220 million.

Out of the 943 hedge funds tracked by Insider Monkey, 58 hedge funds were long KO as of the end of the fourth quarter of 2022.