Warren Buffett's Berkshire Hathaway Receives $576M in Annual Dividends from American Express
Warren Buffett's Berkshire Hathaway receives $576 million annually in dividends from its 22.1% stake in American Express (AXP). The dividend income comes from AXP's current annualized dividend of $3.80 per share, with Berkshire owning 151.6 million shares. American Express, a 176-year-old company, has evolved into a major financial services provider with a closed-loop payment network.
Tickers: $AXP
Topics: American Express Berkshire Hathaway dividends stock ownership Warren Buffett