I'm NEW so please forgive my ignorance!!! This year I purchased an "x" amount of shares of BRK-B. If left untouched, will I see the number of shares of BRK-B grow? My assumption is that if there is a dividend distribution, it would go towards the increase in the number of shares. Am I correct in my assumption?... If so, when will they declare a dividend distribution (because I want to see an "automatic" increase in the number of my shares)? I could be completely off here, so please be kind to me when responding... I just want to be more knowledgeable.
No dividend, but it gets my "worst stock of the year" award.
If it were in the hospital, being flat lined it would be declared dead. But this year is a new year and hope for the best. I rate it as an hold. (for a long time)
Dividends are nice, I guess, if you need the income to survive on, but you would have to have a heck of a lot of money in your portfolio to survive on dividends which, on average are about 3 percent, or less. That won't even keep up with inflation. Buffet has said repeatedly that they are trying to build shareholder value by plowing the dividends back into buying companies instead. Over the long haul, he has done exactly that. If you wantincome on the stock, next time it makes a quick upward move, say to $83, sell a covered call option at $85. The only risk you are taking is if the stock goes above $85 during the option period, you would lose the stock, which is no big deal. Next time the stock drops, you can buy it back. When it goes up again, write another call. If it drops a bunch during the option period, you can buy your option back at a nice profit and write another one. You will make far more money on options than you could ever hope to make on dividends on this stock. I think this is a great options trading stock, personally. I've written calls twice since the split, bought one back cheap at a $2,200 gain, and wrote another one a couple of weeks later and made another $1,000. With 700 shares, the dividend would be a small fraction of the options money I've made, and all you have to lose is extra profit, not your investment. Stay away from UNCOVERED options unless you really know what you are doing. I've been investing for 30 years, and I still don't write uncovered options.
Better yet is loss, big loss is more realistic. If they would only give out a dividend that may jump start and upside.
Does BRKB mail out any quarterly/yearly reports or does he think going green would give him some extra pocket change for gas!
My advice is if you want income buy a good dividend paying company. Duke Energy (DUK)is a good company that pays a 5% dividend now and will make a ton of money as the electric vehicles ramp up. Other utilities are going to do well, too.
If regulators would allow utilities to separate the car recharging business from the regular utilities rates then it will be even better.
I know someone that bought 5 shares of Berkshire at $700 per share years ago. That $3,500 purchase has improved his recent retirement nicely all without dividends.