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Why the Banking Crisis Could Be Good News for Warren Buffett's Highest-Yielding Dividend Stock

TheMotleyFool

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Why the Banking Crisis Could Be Good News for Warren Buffett's Highest-Yielding Dividend Stock: https://g.foolcdn.com/editorial/images/725878/buffett12-tmf.jpg

SVB Financial Group. Signature Bank. First Republic Bank. Credit Suisse. The number of banks that have experienced problems so far in 2023 has wreaked havoc in the banking industry.

It's not just banks that have been negatively affected. However, some businesses might actually benefit from the turmoil. Here's why the banking crisis could be good news for Warren Buffett's highest-yielding dividend stock.

If you only look at Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) regulatory filings, you might think that Buffett's highest-yielding dividend stock is US Bancorp. The regional bank's dividend yield currently tops 5.4%.

Source Fool.com

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