The time is now to demand one. I have a suspicion that one will be granted at the meeting. It's too tough to keep growing at this size so Buffet needs to add a dividend. There has been so many "firsts" that he has done, and he realizes people want $$$ if the stock doesn't move. I see 2 choices, either implement a sizable dividend now (in the 2% range)or split up the company within 5 years. If he implements the dividend, Gates will never have to sell his shares when he dies and his fund will have a steady stream of money every quarter. So if you go to meeting (wish I was) demand a dividend. That too will make the stock move and will keep people from selling.
Berkshire paying a dividend is totally illogical.First you pay a tax and secondly you reduce the amount of money available to the best capital allocator of all times.If you need or want dividends dont invest in Berkshire Hathaway.
I totally agree. He is one of the richest people in the world and best investor and people are telling him what he should do? If people think they know better, they shouldn't invest in brk. NO DIVIDEND. Buy another great business!!!
I just can believe the stupity some of his disciples have engrained in their head about allowing the bum to use our money as he sees fit. His thinking no longer applies, he has exhausted ideas how to use our money. Just last year he was debating how to use our money, yes he bought more IBM and other stock and had money left over.
The man goes after companies that pay dividends yet he won't reward his stockholders. BRKB has been flat far too long. Stockholders need to demand a dividend nothing else.
And if your a Buffett disciple please don't waste your time and rebut!
Unfortunately, the time to pay a dividend has now passed.
"At this point, taxes are my main concern for dividends. Under current legislation, taxes on dividends to individuals will almost triple in 2013, rising to 43.4% from 15%." - Howard Siverblatt, S&P Senior Index Analyst.
If the rich folks who own this stock wouldn't petition WEB for a dividend when they would have kept, after taxes, 85 cents on the dollar, they're certainly not going to request one now.
I seriously doubt that BRK will every pay a dividend again (it did pay one in 1967, 10 cents per share).