These 6 Stocks Are Netting Warren Buffett a Combined $4.1 Billion in Annual Dividend Income
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has a knack for making money. The Oracle of Omaha, as he's come to be known, has a net worth above $114 billion, not counting the $41 billion he's donated to charity since 2006. More importantly, he's created over $700 billion in shareholder value since taking the reins as CEO in 1965.
Warren Buffett's success over the past 57 years has been dependent on a long list of factors, such as his narrow research focus and a desire to allow his investments to play out over long periods of time. But what might be Buffett's greatest ally is his love of dividend stocks.
Dividend-paying companies are often profitable and time-tested. Even better, they have a long history of crushing their non-dividend-paying peers in the return column. Perhaps it's not surprising that, out of the more than $5 billion Berkshire Hathaway is expected to collect in payouts annually, just six stocks will contribute a combined $4.07 billion in dividend income.
Source Fool.com
