Advertisement
Singapore markets open in 1 hour 35 minutes
  • Straits Times Index

    3,437.26
    -10.30 (-0.30%)
     
  • S&P 500

    5,564.41
    +59.41 (+1.08%)
     
  • Dow

    40,415.44
    +127.91 (+0.32%)
     
  • Nasdaq

    18,007.57
    +280.63 (+1.58%)
     
  • Bitcoin USD

    67,505.00
    -589.83 (-0.87%)
     
  • CMC Crypto 200

    1,384.90
    -20.43 (-1.45%)
     
  • FTSE 100

    8,198.78
    +43.06 (+0.53%)
     
  • Gold

    2,396.40
    +1.70 (+0.07%)
     
  • Crude Oil

    79.95
    +0.17 (+0.21%)
     
  • 10-Yr Bond

    4.2600
    +0.0210 (+0.50%)
     
  • Nikkei

    39,599.00
    -464.79 (-1.16%)
     
  • Hang Seng

    17,635.88
    +218.20 (+1.25%)
     
  • FTSE Bursa Malaysia

    1,622.07
    -14.48 (-0.88%)
     
  • Jakarta Composite Index

    7,321.98
    -7,294.50 (-49.91%)
     
  • PSE Index

    6,712.05
    -79.64 (-1.17%)
     

Here's How Much Berkshire Hathaway Will Earn In Dividends From Its Stake In Chubb Stock

Here's How Much Berkshire Hathaway Will Earn In Dividends From Its Stake In Chubb Stock
Here's How Much Berkshire Hathaway Will Earn In Dividends From Its Stake In Chubb Stock

Warren Buffett's Berkshire Hathaway (NYSE:BRK) has made a significant investment in Chubb Limited (NYSE:CB), acquiring 25,923,840 shares. Chubb is a leading global insurance company and it currently rewards its shareholders with an annual dividend of $3.64 per share. Let's find out how much Berkshire will earn in dividends from its investment.

To determine the total annual dividend income from this investment, we multiply the number of shares by the annual dividend per share:

Total Annual Dividend = Number of Shares x Annual Dividend per Share

Don't Miss:

ADVERTISEMENT

So...

Berkshire shares of Chubb: 25,923,840

Chubb annual dividend per share: $3.64

Total Annual Dividend = 25,923,840 x 3.64

Result: $94,364,777.60 in dividends annually

Berkshire Hathaway will receive about $94.4 million annually in dividends from its investment in Chubb, which does not include reinvesting those dividends. If those dividends were reinvested, the annual dividend income would grow accordingly.

The income Chubb offers aligns with Buffett’s investment philosophy, which emphasizes steady, predictable returns – which is why he loves insurance companies.

Investors must also note that Chubb has raised its annual dividend payment for 31 consecutive years, making it a Dividend Aristocrat, so Buffett and Berkshire can count on a growing stream of dividends in the years ahead.

Keep Reading:

Image Credit: Shutterstock

"ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!

Get the latest stock analysis from Benzinga?

This article Here's How Much Berkshire Hathaway Will Earn In Dividends From Its Stake In Chubb Stock originally appeared on Benzinga.com

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.