No. of Recommendations: 3
If and when a dividend is created (after Warren), I bet it would be more of a time to time “special” dividend initially rather than an ongoing quarterly dividend.
I hope not.
Berkshire could pay a 2% annual dividend out of operating earnings. That would mess up our tax planning, but not too badly.
Berkshire could pay a 10% special dividend out of cash and still have a normal amount of cash left over. That would very much mess up many shareholders' tax planning. I'd be very upset.
In 2020 WEB said "So, we’re about 80% in-- roughly in equities and about 20% in cash".
As of Q2 it was more like 30% cash, and it's even higher now.
Like many here, I've sold all Berkshire in tax advantaged accounts, about 10% of holdings. Donating a few in taxable. Keeping the rest.