2 Warren Buffett Stocks That Are Raising Their Dividends and 1 That Isn't

Legendary investor Warren Buffett and his company Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) have invested in many stocks over the years that pay good passive income. In fact, Buffett and Berkshire seem to love dividend-paying stocks, because over the long haul this is consistent income generation they can count on even when there is lots of market volatility.

Berkshire's portfolio today still holds many stocks that pay healthy dividends. Here are two stocks in Berkshire's portfolio that are raising their dividends and one that isn't.

The second largest bank in the U.S. by assets, Bank of America (NYSE: BAC), recently announced that it plans to pay a quarterly dividend of $0.22 per share at the end of September. The new dividend represents a nearly 5% hike from last quarter.

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Source Fool.com