BRK-B · News · 20260912N

Capital Allocation Strategy

BERKSHIRE HATHAWAY INC · 2026-09-12 · Importance 17 · Surprise 24

Berkshire Hathaway has paid exactly one dividend since 1965. The company last issued a dividend in 1967. Since then, Berkshire has primarily reinvested its earnings rather than making recurring shareholder distributions. The report says this reinvestment-focused policy has continued after Warren Buffett passed leadership to Greg Abel in 2026.

Key facts

• Berkshire Hathaway has paid exactly 1 dividend since 1965. source
• Berkshire last issued a dividend in 1967. source
• As Warren Buffett has passed the torch to Greg Abel, Berkshire has continued with this approach (focusing mainly on reinvesting its earnings). source
• Since its 1967 dividend, Berkshire has focused mainly on reinvesting its earnings. source