Here's How Warren Buffett Is Set to Rake in Nearly $6 Billion in Dividend Income This Year
It's easy to make billions of dollars when you're Warren Buffett. How? His company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), has hundreds of billions of dollars invested in businesses that are continually working hard to make more money.
Some of the big bucks the legendary investor will make this year will come especially easily. Here's how Buffett is set to rake in nearly $6 billion in dividend income this year.
Let's start with the five heavy lifters among Buffett's dividend stocks. Berkshire's second-largest holding, Bank of America (NYSE: BAC), is its biggest source of dividends. BofA should pay close to $909 million in dividends to Berkshire this year.
Source Fool.com
Berkshire Hathaway Inc. A Stock
With 9 Buy predictions and not the single Sell prediction the community is currently very high on Berkshire Hathaway Inc. A.
As a result the target price of 650000 € shows a slightly positive potential of 14.94% compared to the current price of 565500.0 € for Berkshire Hathaway Inc. A.