Dividends4Life: Warren Buffett's 4 High-Yielding Dividend Stocks for Safe Income

Over the past five decades, Warren E. Buffett has built Berkshire Hathaway into a $360 billion multinational conglomerate with a stock price that is, by far, the most expensive in the world. One of his most effective strategies for long-term success has been to seek out high-yield dividend stocks that he can hold for the long term. Investors who are struggling to find the best companies for their long-term portfolios might do well to consider some of Buffett's highest-yielding dividend stocks. These companies are of the highest quality and offer stable dividend payments, as well as excellent long-term growth potential.

Using Buffett's philosophy of "buy and hold forever," investors can use these dividend stocks to generate income or increase their positions by purchasing additional shares. Let's take a closer look at these high-dividend stocks to see just what attracted the Oracle of Omaha in the first place: General Motors (GM), IBM (IBM), Phillips 66 (PSX) and Verizon Communications (VZ).

Source: The Street

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