Berkshire Hathaway Has Paid Exactly 1 Dividend Since 1965. Here's Where the Cash Goes Instead.

Key Points Berkshire last issued a dividend in 1967, deciding since then to focus mainly on reinvesting its earnings. As Warren Buffett has passed the torch to Greg Abel, Berkshire has continued with this approach. Under Abel, Berkshire has also resumed share repurchases, opting for this more tax-efficient approach. 10 stocks we like better than Berkshire Hathaway › Warren Buffett gained control of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) in 1965 and ran it as his main investment vehicle until his retirement in 2025. During his 60-year tenure as CEO, Berkshire's shares gained in value by an average of 19.9% annually, an incredible compounding track record. But during this time frame, Berkshire Hathaway has paid a dividend just once: a $0.