In today's rip-roaring stock market, it's easy to get caught up with what's hot and overlook the milestones of consistent stalwarts. Coca-Cola (NYSE: KO), one of the most well-known dividend-paying companies, just raised its dividend by 5.4% to a record high of $0.485 per share. The dividend is payable on April 1 to shareholders of record as of March 15.

Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) latest 13F filing came out on Feb. 14, and showed that the company still owns 400 million shares of Coca-Cola, its fourth-largest public equity holding. Here's why the dividend stock is worth buying now.

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Source Fool.com