Berkshire-Hathaway (the company led by Warren Buffet) owns dozens of businesses, plus a huge portfolio of stocks that is on track to deliver nearly $1 billion USD this quarter in dividends.
To break that down, that equates to more than $6,700 every minute!
Where do most of these dividends come from? Most of it comes from their 6 biggest holdings, which are:
Kraft Heinz - Expected dividends of $195,380,981
Wells Fargo - Expected dividends of $182,287,623
Coca-Cola - Expected dividends of $148,000,000
IBM - Expected dividends of $113,723,224
Phillips 66 - Expected dividends of $50,834,632
American Express - Expected dividends of $48,515,424
It's no wonder they call him the Oracle of Omaha!
Image Source: The Motley Fool
To break that down, that equates to more than $6,700 every minute!
Where do most of these dividends come from? Most of it comes from their 6 biggest holdings, which are:
Kraft Heinz - Expected dividends of $195,380,981
Wells Fargo - Expected dividends of $182,287,623
Coca-Cola - Expected dividends of $148,000,000
IBM - Expected dividends of $113,723,224
Phillips 66 - Expected dividends of $50,834,632
American Express - Expected dividends of $48,515,424
It's no wonder they call him the Oracle of Omaha!
Image Source: The Motley Fool