Coca-Cola (KO) as Buffett's 64-Year Dividend Stock Strategy

The article highlights Coca-Cola (KO) as a long-term investment due to its 64-year streak of dividend increases and a yield of approximately 2.6%. Coca-Cola operates as a high-margin concentrate company, primarily selling syrups to local bottling partners, allowing for global scalability with minimal capital expenses. This structure also helps the company maintain its brand equity and pricing power, making it resilient during economic downturns. Berkshire Hathaway has held Coca-Cola since 1988, with their stake comprising 400 million shares, emphasizing its significance in the portfolio.