Berkshire Hathaway (BRK.B) famously doesn’t pay dividends – it has better things to do with its shareholders’ cash – but Chairman and CEO Warren Buffett sure loves collecting them.
In 2018 alone, Berkshire raked in $3.8 billion in dividends – “a sum that will increase in 2019,” Buffett said in the annual letter.
Does Warren Buffett Like dividends?
Why Warren Buffett loves dividend stocks
First of all, it isn’t just that Buffett loves dividend stocks. He loves stocks with reliable and sustainable dividends, especially if the company has a track record of increasing the payout year after year.
How much does Warren Buffett make a year in dividends?
In total, Buffett has 10 companies that are providing Berkshire Hathaway with more than $100 million in dividend income this year: Apple (NASDAQ:AAPL): $755,079,143 in estimated 2020 dividend income. Bank of America (NYSE:BAC): $666,006,192. Wells Fargo: $659,354,353.
Why Berkshire Hathaway stock is so expensive?
Berkshire Hathaway Class A continues to be the priciest stock in the US, sitting at roughly $300,000 a share. The high price is partially due to Warren Buffett’s decision to avoid splitting the stock, a move that increases the number of shares available while lowering their prices accordingly.
Is Berkshire Hathaway a good buy?
A)(NYSE:BRK.B). At first glance, Berkshire might not seem like a great buy. For one thing, the stock significantly underperformed the S&P 500 in 2019 with a gain of 11% versus a total return of 31.5% for the benchmark index.
What is Warren Buffett’s favorite stock?
Top Warren Buffett Stocks By Size
Bank of America (BAC), 925.0 million. Coca-Cola (KO), 400 million. Kraft Heinz (KHC), 325.6 million. Wells Fargo (WFC), 323.2 million.
What is the safest stock to buy?
Now, it’s time to put together a list of safe stocks to buy.
That list of safe stocks to buy amid Covid-19 includes:
- Gilead (NASDAQ:GILD)
- Kroger (NYSE:KR)
- Costco (NASDAQ:COST)
- Walmart (NYSE:WMT)
- Ring Central (NYSE:RNG)
- American Water Works (NYSE:AWK)
- Netflix (NASDAQ:NFLX)