Bill Gates, a renowned billionaire, prioritizes dividend income in his investment strategy. Gates is projected to raise an impressive $463.2 million in dividends this year, reflecting his commitment to secure and consistent long-term income.
In particular, Gates strategically invests in companies that offer robust dividend yields, indicating his trust in their stability and potential for growth.
Recent disclosures from the Bill & Melinda Gates Foundation Trust’s 13F filing reveal five key stocks significantly contributing to Gates’s remarkable dividend earnings.
Bill Gates’s top five dividend yielding holdings
Bill Gates has strategically invested in several key companies, positioning himself for significant dividend income. Canadian National Railway (TSX: CNR), a major player in transportation and logistics, holds a substantial portion of its portfolio, with an impressive 54,826,786 shares valued at approximately $6.88 billion.
This investment alone is projected to yield an annual income of $133,777,357 for Gates, thanks to the company’s dividend yield of 1.85%.
Additionally, Gates maintains a significant stake in Microsoft (NASDAQ: MSFT), the tech giant he co-founded. With 38,210,869 shares and a dividend rate of $0.75 per share, Gates expects an annual income of $114,632,607 from Microsoft.
Waste Management (NYSE: WM), North America’s leading waste management company, also plays a crucial role in Gates’s portfolio. His 35,234,344 shares in the company are valued at over $6.3 billion, generating an anticipated annual income of $105,703,032.
Caterpillar (NYSE: CAT), known for its construction and mining equipment, is another cornerstone investment for Gates. With 7,353,614 shares valued at approximately $2.17 billion, this investment is projected to yield an annual income of $38,238,792.
Lastly, Deere & Co (NYSE: DE), a leader in agricultural and construction machinery, rounds out Gates’s investments with 3,917,693 shares valued at about $1.42 billion, generating an expected annual income of $20,917,382.
A robust income for Gates just from dividends alone
Together, these five investments bolster Gates’s annual dividend income by over $413 million, translating to a remarkable $1.1 million daily.
While Gates’s investment strategy has undoubtedly been a success, individual investors must understand that mimicking the tactics of high-profile investors might not suit their financial aspirations or risk thresholds.
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Source: https://finbold.com/heres-how-much-bill-gates-earns-from-dividends/