For the past 58 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been running circles around Wall Street. He's overseen a greater-than 4,300,000% aggregate gain in his company's class A shares (BRK.A), as of the closing bell on Aug. 18, 2023, and has doubled-up the broad-based S 500 (as of Dec. 31, 2022), based on annualized total return, since becoming CEO.

While there is a long list of factors responsible for Buffett's overwhelming long-term success, his penchant for piling into dividend stocks has played an undeniably important role. Public companies that pay a regular dividend are almost always time-tested, have clear long-term growth outlooks, and most importantly are profitable on a recurring basis. In short, they're businesses investors can often trust over long periods.

Based on Berkshire Hathaway's most recent Form 13F filing, the Oracle of Omaha and his investment team will oversee the collection of more than $6 billion in dividend income over the next 12 months. Amazingly, though, $4.31 billion in annual-dividend income will derive from just five stocks.

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Source Fool.com