Quantifying Berkshire’s Apple Advantage: Dividend Hike Breakdown
Apple’s announcement of a 4% increase in its cash dividend brings positive implications for Warren Buffett’s Berkshire Hathaway Inc. Buffett, famously drawn to dividend-yielding stocks, is likely pleased with Apple’s decision to up its cash dividend to 25 cents per share. Berkshire Hathaway holds over 905 million shares of Apple,...