No. of Recommendations: 2
div now.
SPY currently yields a bit above 1 percent, a historically low yield. IF brk yielded a bit below 1 percent brk shares would offer an even more compelling alternative to the risk of staying long SPY.
The added demand for the common as a result of the small quarterly dividend would create a taxable event for Americans in a taxable account however the increased demand for the shares would more than cover the taxable event of a dividend.
Buffett is the largest seller of brkb annually via the Foundations. HE will be the largest beneficiary of, increased demand for the common going forward.
5 of the Mag 7 stocks did not ask their shareholders if they should initiate a small quarterly dividend, they just did it.
NOW is the time for brk to initiate a 1$ a share quarterly dividend.
Can anyone site one suggestion I've made in the past 25 years that brks board didn't eventually agree to implement? WHY WAIT?
Disclosure, in the past ten days I increased my exposure to brk mostly in taxable accounts so yes, I'm talking my book.
Good luck and happy holidays to our board, and ALL our partners, let's see how long it takes to, do the right thing this time!
hclasvegas, who can be serious every now and then when necessary.
