Breaking News
1. In a joint operation with the Indian Army, Bandipora Police and CRPF arrested two terrorist associates in Aragam.      2. Jammu and Kashmir: BSF troops gunned down one intruder near the International border in the Samba sector      3. Powell says unlikely that Fed's next rate move will be a hike      4. US stocks jump as Fed chief calls a rate hike 'unlikely'      5. US State Dept accuses Russia of using 'chemical weapon' against Ukrainian forces, reports AFP      6. Jeremiah Manele becomes Solomon Islands' prime minister, says governor-general      7. Pro-Palestine protests: NY police enter Columbia campus, dozens arrested      8. Oil companies revise LPG gas cylinder rates, slash rates by ₹19      9. Amethi-Raebareli LS seats: Last-ditch attempts on to convince Rahul, Priyanka      10. Health Tips for Today: Beat the heat during summer season with these foods      11. Tesla lay-off: Elon Musk's ex-employee left in disbelief after termination      12. Ex-Congress MLAs Neeraj Basoya, Nasseb Singh resign from party over AAP pact      13. Ten Naxalites killed in encounter in Chhattisgarh, second success for security forces in two weeks      14. Jihadists kill 10 pro-government militiamen in north Mali      15. Lok Sabha elections 2024: ECI changes date of voting in Anantnag-Rajouri      16. Jet Airways founder Naresh Goyal moves HC for bail citing terminal cancer      17. Marshall headphones and earphones are premium options for audiophiles      18. Congress fields Raj Babbar from Haryana's Gurgaon      19. McDonalds, Theobroma outlets in Noida under FDA scanner after customer falls ill      20. Sensex Today Live Updates : Sensex, Nifty jump at pre-open, tracking asian peers     

Warren Buffett’s Total $6 Billion Dividend Yield in the 2024 Financials from Only 3 Funds.

  • Posted on April 19, 2024
  • News
  • By TSW NEWS DESK
  • 61 Views

Warren Buffett is set to earn a staggering $6 billion in dividends in 2024 from just three stocks - Coca-Cola, Chevron, and Kraft Heinz, showcasing his long-term investment strategy's success.

1713526959-dhFnSo9z6W.png

Legendary investor Warren Buffett will collect a breathtaking $6,000,000,000.00 in 2024 from dividends of only three companies: Coca-Cola, Chevron, and, of course, Kraft Heinz in his portfolio. When calculated, this is conspicuous by the fact it renders $16 million per day as a dividend in the "Oracle of Omaha".

Buffett, famous for his so-called "Buy and Hold" approach and value-based investing, is confident that the payments from these three long-term holdings will produce considerable benefits to his equity portfolio.

Coke, which is one of Buffett's most old and famous investments, is believed to contribute about $775 million in straight dividends this year. The jewel of the Berkshire Hathaway empire is the 9.3% stake in Coca-Cola Corporation and the 400 million shares worth about $23.5 billion at the current share price.

In 2024, the energy conglomerate Chevron is supposed to be paying back a staggering $820 million in dividends to its investor in Berkshire Hathaway. The list of Berkshire Hathaway's holdings includes 126 $ million worth of shares of Chevron at a value of $20.5 billion, which represents 4% of the company's overall assets.

On the flip side, Kraft Heinz can be acknowledged as a more significant source of Buffett's dividend income, with an estimate of $520 million. The insurance conglomerate of Warren Buffet's trust, Berkshire, possesses over $12 billion in the form of shares in the packaged food industry, representing 4.4% of its size.

Also Read: Admiral Dinesh Tripathi Appointed Next Indian Navy Chief

Buffett concentrated on well-established companies that had cash flows that were clean and strong enough, along with certain competitive qualities that have become significant sources of increasing dividend payouts. As of present, 93 years old, the well-known business magnate is still a businessman via Berkshire in different sectors like banking, insurance, manufacturing, retail and transport, to name a few.

Buffett's reputation for being a long-term investor confirms his general rule to always wait for the biggest dividends from a decadal investment, saying he has the best capital allocation skills and patience he has.


Author
No Image
Author
TSW NEWS DESK

You May Also Like