Billionaires buy dividend stocks for the same reasons other people do. They like the assurance of money flowing in regularly. Of course, they also prefer that their stocks grow as well as pay dividends.

Warren Buffett and George Soros without question rank among the most successful billionaire investors on the planet. The two men don't agree about everything, but they're not polar opposites. Here are three dividend stocks that billionaires Buffett and Soros both own.

Buffett has been gobbling up shares of Occidental Petroleum (NYSE: OXY) for Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio like it's going out of style. Occidental now ranks as the sixth-largest position for Berkshire. The company secured regulatory approval in August to buy up to 50% of Oxy.

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Source Fool.com