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With Coca-Cola raising its quarterly dividend to 48.5 cents per share in 2024, Berkshire now stands to collect an impressive $776 million in dividend income ($0.485 x 4 x 400,000,000) this year alone.
Coca-Cola's many strengths include its iconic brands, massive distribution network, huge marketing budget, and its size (which allows it to swallow up smaller competitors with hot new products).
While the broader market soared over 53% in 2023 and 2024, Coca-Cola's stock fell 2%. ... The acquisition added 170,000 barrels of oil equivalent per day and was immediately accretive to free cash ...
Wedbush Analyst Gerald Pascarelli joins Yahoo Finance Live to discuss Coca-Cola earnings, the company's product portfolio, Coke's currency exposure, its Body Armor and Jack and Coke cocktail lines ...
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