Warren Buffett's $1.3 Billion Investment in Coca-Cola is Now Worth Over $37 Billion
In August 1994, Warren Buffett concluded a seven-year buying spree of Coca-Cola shares for Berkshire Hathaway at an initial cost of about $1.3 billion. The investment has grown significantly over time and now consists of approximately 400 million shares valued around $37 billion as of June 2026. Berkshire receives roughly $848 million annually in dividends from Coca-Cola, which is nearly 65% of the original purchase price. This substantial return has been driven by consistent dividend increases over decades and a high initial yield Buffett benefited from at acquisition time compared to today's lower yields. Coca-Cola continues to perform well with organic revenue growth and rising earnings per share in recent quarters, but its stock is currently trading near record highs. Analysts suggest that while the company remains strong, investors buying now may not see returns comparable to those Buffett achieved due to higher entry costs relative to dividend yield.
Tickers: $KO
Topics: Berkshire Hathaway Coca-Cola dividends long-term investing