Subject: 1967 dividend
Note one crucial factor allowing this record-shattering payment: Berkshire shareholders during the same 1965-2024 period received only one cash dividend. On January 3, 1967, we disbursed our sole payment – $101,755 or 10˘ per A share. (I can’t remember why I suggested this action to Berkshire’s board of directors. Now it seems like a bad dream.)


I have always wondered about the reason behind this single dividend payment, the only one Berkshire ever paid since Buffett took it over.

I guess we'll never know.

dtb