This Warren Buffett Dividend Stock Boasts a Sizzling 9.9% Yield and Has Trounced the Market Over the Last 3 Years

Warren Buffett and dividend stocks go together like macaroni and cheese. OK, maybe that's not the best comparison, but it's definitely true that the legendary investor's returns wouldn't be nearly as good without the dividends his stocks have generated through the years.

But Buffett isn't really known to target ultra-high-yield dividend stocks. That doesn't mean he doesn't own any of them, though. This Buffett dividend stock boasts a sizzling 9.9% yield and has trounced the market in total returns over the last three years.

The stock I'm referring to is Ares Capital (NASDAQ: ARCC). Let me note right out of the gate, however, that it's certainly a different kind of Buffett stock.

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Source Fool.com