Warren Buffett’s secret to a monster dividend yield lies in his buy-and-hold strategy, particularly with Coca-Cola stock. With an annual dividend of $816 million from 400 million shares, Buffett enjoys a yield of nearly 63%. Since 1988, Coca-Cola’s share price has surged 1,300%, providing Buffett with impressive returns. While growth and value investors may look elsewhere, income investors can benefit from Coca-Cola’s solid dividend yield and status as a Dividend King. Despite Buffett’s long-term hold on the stock, he has not added more shares recently, making the decision to invest in Coca-Cola dependent on individual investing styles.

Read more at Nasdaq: Warren Buffett Is Raking In a Yield of Nearly 63% From This Dividend King (No, That’s Not a Typo)