Warren Buffett's Berkshire Hathaway (NYSE:BRK) has made a significant investment in Chubb Limited (NYSE:CB), acquiring 25,923,840 shares. Chubb is a leading global insurance company and it currently rewards its shareholders with an annual dividend of $3.64 per share. Let's find out how much Berkshire will earn in dividends from its investment. To determine the total annual dividend income from this investment, we multiply the number of shares by the annual dividend per share: Total Annual Divide
The latest trading day saw Chubb (CB) settling at $260.72, representing a +0.49% change from its previous close.
The long-awaited stock-related mystery has been revealed. American business owner and philanthropist Warren Buffett has finally unveiled his business's significant stake in a well-known insurance company. Here's all you need to know about Berkshire Hathaway's mystery stake. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. The average American couple has saved this much money for retirement — How do you compare? Buffett, the CEO of Berkshire Hathaway, a mul