Warren Buffett Paid About $1.3 Billion for Berkshire's Coca-Cola Shares. They're Now Worth About $37 Billion.

Berkshire Hathaway's investment in Coca-Cola, purchased for $1.3 billion in 1994, is now worth $37 billion and generates $848 million annually in dividends. However, the article cautions that new investors buying at today's record-high price of $93 per share would face a much lower starting dividend yield of 2.3% compared to Buffett's initial 5.8% yield, making it difficult for new buyers to replicate Berkshire's exceptional returns without relying on continued stock price appreciation.