Which company is Warren Buffett’s conglomerate and is known for having no regular cash dividend?

Berkshire Hathaway is Warren Buffett’s conglomerate and is known for having no regular cash dividend.

Berkshire Hathaway grew from a textile business into a diversified holding company under Warren Buffett and longtime business partner Charlie Munger. Its major operations and investments have included insurance, railroads, utilities, manufacturing, and publicly traded shares.

The company has paid only a small number of cash dividends, with the last commonly cited dividend paid in 1967. Management has generally preferred to retain earnings when it believes those funds can create more value for shareholders.

Berkshire is also unusual because it has Class A and Class B shares. The Class A shares have a very high individual price, while Class B shares provide a more accessible ownership route with reduced voting power.