Warren Buffett, famed investor, emphasizes buying quality stocks and holding them long-term. One significant investment is Chevron Corp., now Berkshire Hathaway's fifth-largest position, comprising over $18 billion. Chevron, which has consistently raised dividends for 38 years, presents a robust yield of about 4.4%. Buffett's strategy of acquiring shares during market downturns has significantly paid off, particularly noted during the pandemic when he began accumulating Chevron shares, showcasing the company's strength in both traditional and alternative energy sectors.
Berkshire Hathaway has built a significant stake in Chevron, owning over 118 million shares valued at approximately $18.1 billion, making Chevron its fifth-largest position.
Chevron has raised its annual dividend payment for 38 consecutive years, demonstrating its commitment to rewarding shareholders and solidifying its status as an attractive investment.
In a pandemic-hit market, Warren Buffett's investment in Chevron reflects his strategy of investing in high-quality companies at fair prices for long-term growth.
With Chevron's current stock yield of about 4.4%, investors benefit significantly compared to the S&P 500's 1.4%, highlighting Chevron's strong dividend return potential.
Collection
[
|
...
]