This dividend stock continues to make Buffett smile.
Warren Buffett loves dividends. Don't be fooled by the fact that he has never wanted Berkshire Hathaway ( BRK.A 0.02% ) ( BRK.B -0.09% ) to pay a dividend. The legendary investor frequently talks about the dividends Berkshire receives from its investments. And nearly every stock in the conglomerate's portfolio pays a dividend.
Some of those stocks generate a lot more income than others. Buffett is raking a yield of nearly 63% from one Dividend King . And, no, that's not a typo.
The secret behind Buffett's monster dividend yield
That Dividend King I'm referring to is The Coca-Cola Company ( KO 0.07% ) . You might wonder how Buffett is enjoying a yield of nearly 63% when Coca-Cola's forward dividend yield curr