2 Warren Buffett Passive Income Stocks You Can Buy to Boost Your Yield
As an investor, don't you love it when one of your stocks declares a fresh dividend?
Well, imagine the wide grin crossing the face of top investor Warren Buffett when his stocks disgorge their payouts. His Berkshire Hathaway is poised to collect a bit over $6 billion in dividends over the next year or so. Two of the Berkshire Hathaway equity holdings helping to produce that pile, Johnson & Johnson (NYSE: JNJ) and Chevron (NYSE: CVX), look particularly attractive just now. Here's why.
There are few things Buffett likes more in a business than for it to have an economic moat. As a company that has straddled the consumer goods and healthcare sectors for decades now, Johnson & Johnson is unique -- for now -- as a powerhouse in both industries.
Source Fool.com
