The 9 Highest-Yielding Warren Buffett Dividend Stocks

Warren Buffett's Berkshire Hathaway owns dozens of dividend stocks. Here are the highest yielders, all of which deliver at least 3%.

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Berkshire Hathaway (BRK.B (opens in new tab)) famously doesn’t pay dividends – it has better things to do with its shareholders’ cash – but Chairman and CEO Warren Buffett sure loves collecting them. In 2018 alone, Berkshire raked in $3.8 billion in dividends – “a sum that will increase in 2019,” Buffett said in the annual letter.

The great majority of the stocks in Berkshire’s portfolio are dividend stocks. And, indeed, all of its top 10 holdings – from Apple (AAPL (opens in new tab)) to Coca-Cola (KO (opens in new tab)) to American Express (AXP (opens in new tab)) – pay a cash distribution.

Buffett has never been one to reach for yield, but a number of Berkshire Hathaway’s income-generating equities are quite generous by today’s standards. As of Aug. 26, nine of Warren Buffett’s dividend stocks sported yields of at least 3%. (For comparison, the yield on the S&P 500 is just below 2%.)

After excluding names that are now negligible parts of Berkshire Hathaway’s portfolio – namely, United Parcel Service (UPS (opens in new tab)) – these are the Warren Buffett dividend stocks with the highest yields.

Stock prices and other data are as of Aug. 26. Holdings are as of June 30. Stocks are listed by dividend yield, from lowest to highest. Dividend yields are calculated by annualizing the most recent quarterly payout and dividing by the share price. Sources: Berkshire Hathaway’s SEC Form 13F filed Aug. 14, 2019, for the reporting period ended June 30, 2019; and WhaleWisdom.

Dan Burrows
Senior Investing Writer,

Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016.

A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.

Once upon a time – before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily – Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. He's also written for Esquire magazine's Dubious Achievements Awards.

In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics and more.

Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University.

Disclosure: Dan does not trade stocks or other securities. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts.