Warren Buffett Owns These 5 Dividend Aristocrats. Should You?

Warren Buffett has spent decades beating the market by focusing on fundamentally sound businesses. The strategy has been a long-term winner. However, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) actually underperformed the S&P 500 over the last 10 years -- mostly because it didn't own many of the technology stocks that accounted for much of the market's gain.

Now 90 years old, Buffett knows he'll eventually have to pass the torch to his successors, so he's been trying out some of their ideas. The big winner has been Apple, which now accounts for 38% of Berkshire's portfolio. Berkshire has added other tech stocks as well, such as Snowflake and StoneCo, which deviate heavily from the way Buffett is known to invest.

Despite these new companies, the vast majority of Berkshire's holdings are in dividend stocks, mostly in the financial and consumer staples sectors. However, only five of the 49 securities that Berkshire holds are Dividend Aristocrats -- members of the S&P 500 that have raised their dividends for at least 25 consecutive years. They are Coca-Cola (NYSE: KO), Chevron (NYSE: CVX), AbbVie (NYSE: ABBV), Johnson & Johnson (NYSE: JNJ), and Procter & Gamble (NYSE: PG). Here's what to buy and which ones to pass on.