Analyzing Buffett’s Two Newest Dividend Buys
August 24, 2016 at 07:36 AM EDT
Berkshire Hathaway purchased 3.2 million new shares of Phillips 66 in the company’s most recent quarter. It now owns 15% of Phillips 66. Berkshire has bet big on this US based oil refiner. It currently makes up 4.8% of Berkshire’s portfolio.