Coca-Cola’s Dividend Keeps Abel’s Portfolio Steady | Business and Finance News

Greg Abel’s taking the reins at Berkshire Hathaway, already trimming holdings like Amazon and Domino’s—but Coca-Cola? That’s a divestment no one’s betting on. With a 64-year streak of dividend hikes, Coke delivers nearly $850 million annually to Berkshire—a 65% yield that’s too juicy to walk away from. Despite lagging the S&P 500 and shifting consumer trends, Coke’s unshakeable brand, pricing power, and recent diversification into healthier options make it a fortress in Buffett’s legacy portfolio. Abel, a seasoned investor, likely sees the same enduring value—and with dividends flowing steadily, Coke’s staying put for now. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ed402759c7e367fd