Buffett's Apple Bet To Rake In A Windfall — Here's How Much Berkshire Will Likely To Make In Dividend Income
Portfolio Pulse from Shanthi Rexaline
Berkshire Hathaway's investment in Apple is set to yield significant dividends following Apple's strong Q2 performance. Apple announced a common stock dividend of $0.24 per share, which for Berkshire's 915,560,382 shares, equates to a dividend of $219.74 million. The fair value of Berkshire's Apple investment increased from $151 billion to $177.6 billion in Q2, potentially due to Apple's stock price increase or additional shares accumulated.
August 06, 2023 | 2:16 pm
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POSITIVE IMPACT
Apple's strong Q2 performance and dividend announcement could attract more investors, potentially driving the stock price up.
Apple's strong Q2 performance indicates a healthy financial state, which is attractive to investors. The announcement of a dividend also makes the stock more appealing as it provides an additional income stream for shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Berkshire Hathaway's significant investment in Apple is set to yield a large dividend, which could positively impact Berkshire's financial performance.
The large dividend from Berkshire's Apple investment could significantly boost Berkshire's financial performance, making it more attractive to investors and potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100