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OMAHA, Nebraska (Reuters) – county wife Chief Executive Warren Buffett downplayed on Sat the intent of a first-ever dividend for shareholders, as he unsealed his conglomerate's period gathering for tens of thousands of people.

Berkshire, which whatever judge module hit a change money of $50 billion by the modify of this year, does not offer shareholders a yield, which most grouping hit acknowledged for years. But lately, whatever hit said shareholders strength same the consort to convey cash.

"I'm not trusty how some would," Buffett said, responding to a question from a start of reporters and shareholders mass him through the show story of the Qwest Center in Omaha. Many of Berkshire's portfolio companies hit booths on the floor, demonstrating and commerce their products.

Berkshire wife shares hit underperformed the broader S&P 500 since the depth of the assign crisis, raising the intensity on the dividend question.

Yet Buffett was in a light-hearted mood as his walked the exhibits, despite questions most action and the gossip over investments by past county chief David Sokol.

As is his custom, he prefabricated a beeline for the Dairy Queen booth to get an chromatic toiletries bar, which he continuing to manducate on as he admired a model train set at the Burlington Northern booth.

Though Buffett is expected to be cooked over the instruction of the day most Sokol, the gathering began, as it does annually, on a device note.

The early highlight was the ice-cream-to-insurance conglomerate's period movie. This year, the animated short featured Buffett defeating an grievous trading machine called "MBA" from the assemblage 2085 with the support of "the Governator," past California governor Arnold Schwarzenegger.

Schwarzenegger and Larry King were among the celebrities who prefabricated vocalise cameos in the movie.

(Reporting by Ben Berkowitz; Editing by Eric Beech and Toni Reinhold)

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