Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Aditya Raghunath

Should You Follow Warren Buffett Into This Dividend Stock?

Warren Buffett Chubb Insurance Berkshire Berkshire Hathaway CB

Warren Buffett recently unveiled his “secret” stock via a regulatory filing, and the company is none other than insurance giant Chubb (CB). Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) has purchased 26 million shares of Chubb for $6.7 billion, which means it is the investment company’s ninth-largest holding. Chubb is a Zurich-based property and casualty company valued at a market cap of $107 billion. 

Back in 2016, Chubb was acquired by Insurer Ace for $29.5 billion in a cash and stock deal. The combined entity adopted the Chubb name, and has returned close to 150% in the last eight years, after adjusting for dividends. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
What’s Actually Made Fresh at the Grocery Store Bakery? The Answer May Surprise You
The smell of warm bread and cookies can make the grocery store bakery one of the hardest sections to walk past without buying something. Rows of golden rolls, frosted cupcakes, and fresh-looking pastries create the impression that bakers prepared everything that morning. Sometimes, that is true, but many supermarket bakeries…
Grocery Coupon Guide
Grocery Coupon Guide
Cyndi Lauper defends working with Nicki Minaj despite rapper’s support for Trump
Rapper has become one of the president’s most famous supporters
The Independent UK
The Independent UK
Doctors Were the Butt of 40% of Facebook Doctor Jokes, but the Most-Liked One Skewered a Lawyer
Researchers combed 30,075 Facebook posts for doctor jokes. Physicians were the usual target, but the most-liked punchline hit a lawyer.
Medical Daily
Medical Daily
Fridge or not? What’s the best way to store bread?
Our experts have some airtight advice to stop your loaf from going stale
The Guardian - UK
The Guardian - UK
Not enjoying being a parent? You’re not alone. Here’s how to handle this complicated feeling
We’re often told parenting is one of the most rewarding things we’ll ever do. But as many parents will attest, it is also full of very difficult moments. And sometimes these moments seem almost constant.
The Conversation
The Conversation
A warm, sumptuous tale of two Coppolas
As "Marie Antoinette" turns 20, Eleanor and Sofia Coppola's documentary reveals new resonance
Salon
Salon
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play