Warren Buffett Sells These Dividend Stocks
Submitted by Dividend Yield as part of our contributors program.
Warren Buffett Sells These Dividend Stocks
Recently, I wrote about the great value investor, Warren Buffett and introduced his latest dividend stock buys. This blog is dedicated to stocks with a long history of dividend growth.
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I like those stocks, especially when they offer a bigger part of safeness due to a large diversification.
Today I like to show you those stocks that Warren Buffett sold within the recent quarter. In total, he decreased seven positions.
These are the results with the highest dividend yield . . .
National-Oilwell Varco — Yield: 3.68%
National-Oilwell Varco (NYSE:NOV) employs 54,540 people, generates revenue of $21,440.00 million and has a net income of $2,455.00 million. The current market capitalization stands at $19.64 billion.
National-Oilwell Varco’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $4,496.00 million. The EBITDA margin is 20.97% (the operating margin is 16.85% and the net profit margin 11.45%).
Financials: The total debt represents 9.43% of National-Oilwell Varco assets and the total debt in relation to the equity amounts to 15.30%. Due to the financial situation, a return on equity of 11.42% was realized by National-Oilwell Varco.
Twelve trailing months earnings per share reached a value of $5.18. Last fiscal year, National-Oilwell Varco paid $1.64 in the form of dividends to shareholders.
Market Valuation: Here are the price ratios of the company: The P/E ratio is 9.65, the P/S ratio is 0.90 and the P/B ratio is finally 1.01. The dividend yield amounts to 3.68%. – Here are the rest of the results: Warren Buffett Sells These 4 Dividend Stocks…