Coca-Cola and Kroger provide portfolio stability through dividend growth and consumer resilience
Coca-Cola stock is up 12% year to date while the S&P 500 is flat. This performance occurs as investors move into safe stocks during market declines and geopolitical unrest causing oil price changes. Coca-Cola is the longest-held position in the Berkshire Hathaway equity portfolio. The company provides beverages customers love and adapts to changing tastes and trends. It has raised its dividend annually for 64 years. Kroger stock is up 9% year to date. Berkshire Hathaway added the stock to its portfolio in 2019. Kroger operates nearly 2,700 premium supermarkets. Because it attracts an affluent clientele resilient to difficult circumstances, the company maintains stability. Dividends have risen nearly 1,000% over the past 20 years.
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