
Last year, Berkshire Hathaway (BRK.B) - which is led by the legendary value investor Warren Buffett - earned a dividend of $5.5 billion. Although Berkshire itself does not pay a dividend, the conglomerate has invested in many dividend aristocrats, including long-time holdings like Coca-Cola (KO).
Berkshire Hathaway’s 13F filing for Q4 2023 revealed that it was a net seller of stocks (i.e., more stock sells than buys) during the quarter. In fact, the conglomerate has now been a net seller of stocks for five straight quarters. However, in Q4, the “Oracle of Omaha” added almost 16 million shares of Chevron (CVX). With over 126 million CVX shares under its belt, Berkshire is the second-largest shareholder of Chevron after Vanguard.