Bill Gates is set to receive nearly half a billion dollars in dividends this year through only nine shareholdings.
Billionaire Bill Gates rakes in nearly half a billion dollars in dividends annually - these are his top stock picks
Billionaire Bill Gates, with an estimated fortune of over $103 billion, has made a name for himself on Wall Street as well as being co-founder of tech giant Microsoft. Investors often follow the investments made by the Bill and Melinda Gates Foundation Trust.
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The trust manages the wealth of the Bill & Melinda Gates Foundation, the world's largest private foundation. While the money has been managed by external portfolio managers for years, these investments are made in Gates' name, with a focus on business stability, security, and wealth multiplication.
The fund currently has over $45 billion in assets, and like every institutional fund above a certain investment volume, it must disclose its portfolio every quarter. Here's a glimpse into the portfolio's status at the end of the third quarter.
With the ten largest positions, billionaire Bill Gates can earn a hefty sum in dividends in addition to price gains. All of them, except for the second-largest position, Warren Buffett's Berkshire Hathaway, are strong dividend payers.
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Adjusting the Portfolio
The foundation's portfolio offers a mix of dividend-paying stocks, such as Microsoft, Waste Management, Canadian National Railway, Caterpillar, Deere, Ecolab, Walmart, Fedex, and Coca-Cola Femsa.Microsoft alone could bring Gates nearly $430 million in dividends per year, almost half a billion dollars!
Microsoft (MSFT)- Portfolio Weight: Approximately 25.55% [3].- Dividend Yield: Historically around 0.8% to 1.2%.- Notes: As a leader in cloud computing, Microsoft is a lucrative, dividend-paying stock in the tech sector.
Berkshire Hathaway Inc. (BRK.B)- Portfolio Weight: Approximately 21.88% [3].- Dividend Yield: Berkshire Hathaway does not pay dividends, but its subsidiaries do.- Notes: Berkshire Hathaway is a strategic investment, providing exposure to a diverse set of companies managed by Warren Buffett.
Waste Management Inc. (WM)- Portfolio Weight: Approximately 17.4% [2].- Dividend Yield: Typically around 1.5% to 2%.- Notes: Waste Management is a reliable, dividend-paying stock in the waste management sector.
Canadian National Railway Co (CNI)- Portfolio Weight: Part of the top holdings but specific weight not detailed in the search results.- Dividend Yield: Typically around 1.5% to 2%.- Notes: Canadian National Railway is a dividend-paying stock in the transportation sector.
Caterpillar Inc. (CAT)- Portfolio Weight: Part of the top holdings but specific weight not detailed in the search results.- Dividend Yield: Typically around 1.5% to 2%.- Notes: Caterpillar is a dividend-paying stock in the heavy machinery sector.
These stocks are part of the foundation's broader investment strategy, which encompasses technology, sustainability, and infrastructure, among other sectors, while also considering good governance and management practices[1][3].
- The Bill & Melinda Gates Foundation Trust, managed by external portfolio managers, focuses on business stability, security, and wealth multiplication, with a diversified portfolio that includes technology, waste management, transportation, heavy machinery, and retail sectors.
- Despite not paying dividends, Berkshire Hathaway, a strategic investment managed by Warren Buffett, is a significant part of billionaire Bill Gates' portfolio due to its diverse set of companies.
- Microsoft, a leader in cloud computing and a lucrative, dividend-paying stock in the tech sector, is the largest position in the Gates Foundation's portfolio, potentially earning Gates nearly $430 million in dividends annually.
