39.5% of Warren Buffett’s $300.5 Billion Berkshire Hathaway Portfolio Is Invested in These 2 S&P 500 Dividend Stocks
From Nasdaq: 2024-12-13 04:56:00
Under CEO Warren Buffett, Berkshire Hathaway’s market capitalization exceeds $1 trillion, making it the 10th most valuable company globally. The conglomerate’s stock portfolio, worth $300.5 billion, is heavily concentrated in a few holdings, all paying dividends. Apple, valued at $3.67 trillion, is Buffett’s largest investment, accounting for 24.2% of Berkshire’s holdings.
American Express, a long-time Buffett favorite, represents 21.5% of Berkshire’s stock portfolio. This credit card giant is known for its affluent customer base, high fees, and robust rewards program. With a dividend yield of 0.9%, AmEx has paid dividends for 25 years. Buffett values consistency and long-term track records in dividend stocks.
Berkshire has sold a significant portion of its Apple stock, reducing its holdings by nearly 70%. The company’s cash and short-term bonds now exceed $325 billion, a record level. Despite the sale, Apple remains one of Berkshire’s top investments. Buffett’s shift away from stocks indicates caution amidst market rallies, prompting a focus on cash reserves.
Read more at Nasdaq: 39.5% of Warren Buffett’s $300.5 Billion Berkshire Hathaway Portfolio Is Invested in These 2 S&P 500 Dividend Stocks