Dividends4Life: Buffett Increases Stake In Coca-Cola

Buffett Increases Stake In Coca-Cola

Posted by D4L | Saturday, March 19, 2016 | | 0 comments »

On February 27th of 2016, Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) released Warren Buffett's much anticipated shareholder letter. Per usual the text contained wit and humor on topics ranging from politics and productivity to important risks and a John Maynard Keynes-like demonstration of what's possible for future generations. There was a lot to mull over.

One excerpt in particular that caught my attention related to Berkshire's largest publicly traded investments: "Berkshire increased its ownership interest last year in each of its "Big Four" investments - American Express (NYSE:AXP), Coca-Cola (NYSE:KO), IBM (NYSE:IBM) and Wells Fargo (NYSE:WFC)." The last two companies make a lot of sense. The first two securities might not be as intuitive. Berkshire didn't add a single share to either Coca-Cola or American Express and yet Buffett now owns a greater share of both companies. "Coca-Cola and American Express, stock repurchases raised our percentage ownership."

Source: Seeking Alpha

Related Articles:
- Why Dividend Growth Stocks Are Evil
- Building Yield: 7 Consumer Goods Dividend Stocks
- 9 Higher-Yielding Financial Services Stocks With Rising Dividends
- Dividend Stocks vs. a Safe Distribution Rate
- 12 Under-Valued Dividend Stocks

________________________________________________________________

0 comments

Post a Comment

Note: Only a member of this blog may post a comment.

Dividend Growth Stocks News

~

Popular Posts Last 30 Days