Legendary investor Warren Buffett is known for earning huge returns for his company Berkshire Hathaway Inc. (NYSE:BRK.B) and its shareholders. From 1965 to 2017, Berkshire’s per-share market value skyrocketed $2,404,748%. And no, that’s no misprint. (Source: “Berkshire’s Performance vs. the S&P 500,” Berkshire Hathaway Inc., last accessed July 11, 2018.) The problem is, though, that the most popular picks in Warren Buffett’s portfolio have already shot through the roof. And since past performance cannot guarantee future results, is there a way for investors to find a good return today?
Well, if you are an income investor, you would know that dividends tend to be sticky. And as it turns out, Buffett is a big fan of dividends; he currently has investments in dozens of dividend-paying companies. Today, we are going to take a look at the highest-yielding stock in Warren Buffett’s portfolio, Store Capital Corp (NYSE:STOR). For the most part, STORE Capital Corp does not really make headlines. In fact, the last time it received investor attention was when Buffett bought the company’s shares. In June 2017, STORE Capital announced that Berkshire had bought 18.6 million shares of STOR stock through a private placement. The amount represented 9.8% of STORE Capital’s total shares outstanding and made Buffett’s Berkshire the third-largest owner of the company.
Source: Income Investors
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This Is the Highest Yielder in Warren Buffett’s Dividend Portfolio
Posted by D4L | Monday, August 06, 2018 | ArticleLinks | 0 comments »________________________________________________________________
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