For the first time in more than half a century, Berkshire Hathaway began the year without Warren Buffett as CEO, after he passed the role to Greg Abel, who completely overhauled the $362 billion investment portfolio in the first quarter. The three longest-held stocks, Coca-Cola (KO), American Express (AXP) and Moody's (MCO), have averaged a 3,757% return as of Oct. 30, 2026 and collectively produce about $1.53 billion in annual dividend income. Coca-Cola, held since 1988, has returned about 2,797% excluding dividends, with $848 million in annual dividend income and 64 consecutive years of base dividend increases. American Express, held since 1991, has risen 3,659% and generates $576.1 million in annual dividends, while Moody's has gained 4,815% and generates $101.6 million. The article puts Berkshire's yield on cost above 65% for Coca-Cola, about 45% for American Express and 41% for Moody's.
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