Reported 8 months ago
Warren Buffett's Berkshire Hathaway holds 50 million shares of Kroger, accounting for approximately 6.9% of Kroger and 0.6% of Berkshire's portfolio. With Kroger offering a $0.29 quarterly dividend per share ($1.16 annually), Berkshire stands to earn around $58 million in dividends from Kroger this year. This aligns with Buffett's strategy of seeking stable returns, especially considering Kroger's 17-year streak of increasing dividend payments, hinting at potential future growth for Berkshire's dividend income.
Source: YAHOO