In it, he looks to Coca-Cola (KO) and American Express (AXP) as examples to make his case. Last year, the Coke dividend paid to Berkshire was $704 million. Both Coke and American Express represent approximately 5% of Berkshire’s net worth today, roughly the same weight as when originally purchased. Importance of Dividends in Total ReturnGenerally, increasing stock prices are the way most equity investors think money is made. However, sometimes a high dividend indicates a dividend cut may be looming.

Source: The Star May 15, 2023 14:41 UTC