Does he or doesn't he? It makes sense that there could be some confusion about whether or not Warren Buffett likes dividends. Buffett has never been in favor of his own Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) paying dividends. However, he's added quite a few dividend stocks to Berkshire's portfolio through the years. Berkshire received around $785 million in dividends last year from Apple alone. But some of the dividend stocks in Berkshire's portfolio are better picks for income investors than others. Here are three Buffett dividend stocks you can buy right now.
AbbVie (NYSE: ABBV) ranks as one of only four Dividend Kings (S&P 500 members with at least 50 consecutive years of dividend increases) among Berkshire's holdings. Many income investors have been fans of Chevron (NYSE: CVX) for a long time. Buffett joined the club in 2020 with Berkshire buying shares of the oil and gas giant several months after the start of the COVID-19 pandemic. Bristol Myers Squibb (NYSE: BMY) stands out as another Buffett dividend stock that's outperforming the overall stock market by a wide margin. Shares of the big drugmaker have jumped more than 20% year to date.
Source: NASDAQ
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Posted by D4L | Tuesday, May 24, 2022 | ArticleLinks | 0 comments »________________________________________________________________
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