Warren Buffett-led Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), in addition to its dozens of businesses, also owns a portfolio of 47 different common stocks, many of which were hand-selected by Buffett himself. And, many of these stocks pay dividends. In fact, from all of the stocks in Berkshire’s portfolio, the company is generating more than $6,700 in dividend income every minute.
Berkshire Hathaway’s dividend income
During the second quarter, Berkshire’s holdings will pay out a combined total of $882,004,712 in expected dividend income. There are 91 days in the quarter, so this translates to $9,692,359 per day, or just under $6,731 per minute in dividend income.
Image source: The Motley Fool.
To be fair, this makes two big assumptions. First, it assumes Berkshire’s portfolio holdings won’t change at all before or during the second quarter. And it assumes none of the dividend stocks will change their payouts, which some likely will. In reality, the dividend income received by Berkshire is likely to be even higher than these figures, since most of his stocks have great records of increasing dividends.
Hot Warren Buffett Stocks To Buy Right Now: New York Community Bancorp, Inc.(NYCB)
Advisors’ Opinion:
- [By Paul Ausick]
New York Community Bank Inc. (NYSE: NYCB) dropped 5% Wednesday to post a new low of $13.05 after closing at $13.74 Tuesday night. The stock’s 52-week high is $17.68. Volume was about 80% above the daily average of around 4.8 million shares. The bank reported disappointing results this morning.
Hot Warren Buffett Stocks To Buy Right Now: Liberty Broadband Corporation(LBRDK)
Advisors’ Opinion:
- [By Andrew Tonner]
After focusing on his philanthropic activities for a number of years, Soros resumed a more active role at his eponymous Soros Fund Management in mid-2016.Around the same time,the famed investor loaded up on shares of Liberty Broadband (NASDAQ:LBRDK) (NASDAQ:LBRDA), and the roughly $615 million stake he owns in the company represented his largest holding in his latest quarterly filing — and for good reason.
Hot Warren Buffett Stocks To Buy Right Now: B&G Foods, Inc.(BGS)
Advisors’ Opinion:
- [By Chris Lange]
B&G Foods Inc. (NYSE: BGS) madewaves late on Friday after the company announced its most recent acquisition. B&G has now acquired Victoria Fine Foods from Huron Capital Partners and other sellers for roughly $70 million in cash.
