This Warren Buffett Stock Pays a 9.5% Dividend Yield -- and You've Probably Never Heard of It
Warren Buffett makes a lot of money each year from dividends. As a case in point, he noted in last year's letter written to Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) shareholders that one stock (Apple) paid $785 million in dividends in 2021 all by itself.
But Apple's dividend yield of 0.63% is low. There are other stocks that Buffett owns that pay more attractive dividends. A few are especially noteworthy. There's one Buffett stock that pays a 9.5% dividend yield -- and you've probably never heard of it.
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Source Fool.com