Dividends4Life: 3 Stocks Delivering $2.8 Billion in Dividends to Warren Buffett Each Year

Dividend Growth Stocks News

Of the 49 stocks in Buffett’s portfolio, 31 pay dividends. He will receive nearly $6 billion in dividends from those stocks in 2023. But like a lot of Buffett’s investment advice, it’s often a case of do as I say, not as I do. Because as much as Buffett loves dividends, he refuses to allow Berkshire Hathaway to pay any. That doesn’t mean investors can’t still profit off of the dividends Buffett receives. They help juice the returns of Berkshire Hathaway, ultimately making it a good investment. But The Oracle will receive over $2.8 billion from just three companies, or 50% of all the dividends he collects. What follows are the top Warren Buffett dividend stocks Berkshire Hathaway owns.

The Oracle of Omaha will be collecting dozens of dividend checks this year totaling some $5.7 billion. Occidental Petroleum (OXY): Buffett fell in love with this oil and gas producer in the Permian basin, though the region is now experiencing a slowdown. Apple (AAPL): It’s no secret this tech giant is Buffett’s favorite stock as it comprises almost 50% of Berkshire Hathaway’s portfolio. Bank of America (BAC): Even when Buffett was dumping shares of bank stocks earlier this year, he didn’t sell a single share of his billion-plus share holdings in this financial giant.

Source: InvestorPlace

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