Berkshire Shares: 4.06 million shares
Returns: -12% 1-year return vs. a flat Dow,
-30% 5-year return vs. -11% for Dow
Sanofi Aventis (NYSE:SNY) is another dividend-paying health care play in the Berkshire portfolio. Like GSK, Sanofi is a foreign drugmaker and thus has a less reliable dividend policy. In fact, this company pays annual dividends instead of quarterly ones. SNY paid a regular dividend $1.43 in May for a yield of 4.2% on current shares. That’s a good yield — but it’s worth noting the payday won’t come around again for roughly 11 months, so take that into account.
It also must be pointed out that the performance of Sanofi on a per share basis is a little less impressive than GlaxoSmithKline, with underperformance in both the short term and longer term.
Jeff Reeves is the editor of InvestorPlace.com and the author of “The Frugal Investor’s Guide to Finding Great Stocks.” Write him at editor@investorplace??.com or follow him on Twitter via @JeffReevesIP.