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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: DTB ✭  😊 😞
Number: of 12641 
Subject: 1967 dividend
Date: 02/26/2025 11:15 AM
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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
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