Of the 43 stocks in Buffett’s portfolio, 25 pay a dividend that have an average annual yield of about 2%. He generates about $6 billion in annual dividend income. They span numerous industries, giving Buffett wide diversification, and range in market capitalization from Louisiana Pacific (NYSE:LPX) at $5 billion to his largest holding, Apple (NASDAQ:AAPL), with a $3 trillion valuation. What follows are Warren Buffett’s highest-yielding dividend stocks according to his latest 13F filing.
Jefferies Financial Group (JEF): The investment bank is able to growth because of its capital markets business even as M&A remains weak. Coca-Cola (KO): The beverage giant has been a long-time holding of Buffett and has paid a dividend for even longer. Ally Financial (ALLY): The auto-finance bank is a relatively new addition to the portfolio but is seeing growth in loan originations. Computer company HP (NYSE:HPQ) also doesn’t occupy a large position in Berkshire Hathaway, though at 0.4% of the total it’s slightly bigger than Ally Financial. Another financial stock, Citigroup (NYSE:C) is a money center that is also witnessing the same impacts from the Federal Reserve’s hyper aggressive interest-rate policies. Chevron (NYSE:CVX) had been Buffett’s favorite oil stock until he discovered Occidental Petroleum (NYSE:OXY). Packaged foods leader Kraft Heinz (NASDAQ:KHC) is the seventh biggest holding in Warren Buffett’s Berkshire, accounting for 3.1% of the total, but at 4.4% is also the highest yielding stock.
Source: InvestorPlace
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Posted by D4L | Friday, January 19, 2024 | ArticleLinks | 0 comments »________________________________________________________________
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