The late Senator Everett Dirksen once reportedly said, "A billion here, a billion there, and pretty soon you're talking about real money." With that quote in mind, Warren Buffett's dividend income this year will be real money.

Warren Buffett and his company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) need no introduction. Between 1965 and 2023, Berkshire's stock generated a total gain of 4,384,748%, or a compound annual gain of 19.

Buffett invested in Heinz in 2013 and two years later, Heinz merged with Kraft Foods. He bought 326 million shares during this merger at a cost of around $24.6 billion. He has held on to that stake, which is now worth $11.4 billion.

Buffett ended 2024 by making some big moves, even with his long-held stocks. Should you be reviewing your own portfolio positions?

All of those moves suggested that Buffett was bracing for a market pullback. The S&P 500 index and Nasdaq are still hovering near their all-time highs as of this writing, and plenty of those stocks are trading at historically high valuations.