Interestingly, Buffett's two best dividend stocks, based on payout, are oil stocks. Occidental Petroleum (OXY 1.65%) is expected to hand over more than $874 million to Berkshire Hathaway over the next year. The bulk of this passive income stream -- $800 million annually -- derives from $10 billion in preferred stock that Berkshire owns.
Does Warren Buffett like dividend stocks?
Warren Buffett loves dividend stocks. The top holdings in the Berkshire Hathaway portfolio all pay dividends, but that's just one common theme among those blue chip stocks. They're also big names within their respective industries, and they are solid investments that any investor can justify putting in a portfolio and hanging on to for years.
Which stock does Warren Buffett own the most?
Simply by being the one stock Buffett owns the most of, Bank of America (NYSE: BAC) is also the one that cleanly delivers the most dividend income. The billion-plus shares in Berkshire Hathaway’s portfolio generate $990 million in dividends. The $0.96 per share payout yields 3.2% annually.
