Warren Buffett is one of the most respected investors in the whole world. What he buys and sells let money follow to his ideas.
Warren Buffett's Berkshire Hathaway Inc. disclosed a stake in Apple Inc., betting that the technology company will rebound after a slump driven by a slowdown in iPhone sales.
Berkshire held 9.81 million Apple shares as of March 31, according to a regulatory filing Monday from the billionaire's Omaha, Nebraska-based company.
The holding was valued at $1.07 billion at the end of the first quarter. Attached you will the all dividend stock buys from the past quarter, made by Buffett. Apple was definitely the biggest move he made within the latest quarter.
The Apple stock is not a typical investment for the old-school investor but Warren said that the iPhone maker developed more to a consumer company than a technology stocks. He might be right if you look at the consumer focused products the company is making and the big i-store sales.
These are Warren Buffett's latest dividend stock buys from the past quarter...
Phillips 66 -- Yield: 3.22%
Phillips 66 (NYSE:PSX) employs 14,000 people, generates revenue of $98,975.00 million and has a net income of $4,280.00 million. The current market capitalization stands at $41.40 billion.
Phillips 66's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $5,514.00 million. The EBITDA margin is 5.57% (the operating margin is 4.47% and the net profit margin 4.32%).
Financials: The total debt represents 18.29% of Phillips 66 assets and the total debt in relation to the equity amounts to 38.47%. Due to the financial situation, a return on equity of 18.89% was realized by Phillips 66.
Twelve trailing months earnings per share reached a value of $6.68. Last fiscal year, Phillips 66 paid $2.18 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 11.78, the P/S ratio is 0.42 and the P/B ratio is finally 1.80. The dividend yield amounts to 3.22%.
- See more of his latest dividend stock buys here: Warren Buffett Adds Surprisingly These 6 Dividend Stocks To His Portfolio...