Warren Buffett Is Raking in $4.84 Billion in Annual Dividend Income From These 6 Stocks
For nearly six decades as Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO, Warren Buffett has run circles around Wall Street. Through this past weekend, the Oracle of Omaha has led his company's Class A shares (BRK.A) to an aggregate return of well over 3,800,000% since taking the reins.
While there is no shortage of lists extolling the strategies Buffett has used to vastly outperform the benchmark S&P 500, it's his penchant for buying and holding dividend stocks that might be his biggest tailwind. A majority of the roughly four dozen securities held by Berkshire Hathaway pay a dividend -- and dividend stocks have a rich history of crushing their non-paying peers in the return department.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
Source Fool.com