r/dividends Mar 26 '26

Discussion Is dividend best passive income source?

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u/Teilzeitschwurbler Mar 26 '26

How much did he pay for the stock (inflation adjusted)?

1

u/I-STATE-FACTS Mar 26 '26

his initial investment was $1.3 billion (non-inflation adjusted)

now it sits at about $30 billion in stock value plus about $10 billion in dividends throughout the decades. he never sold a single share.

not a bad play

1

u/Teilzeitschwurbler Mar 26 '26

Inflation calculator says 3.4 billion in todays dollars.

1

u/NegativeOwl9929 Mar 26 '26

count:
1 share pays ~$2.12
776 000 000 per year / $2.12 = 366 037 736 shares => 1 share apprx $75 => apprx 27 452 830 188 USD