Warren Buffett’s Top 10 Dividend Stocks
By: Ned Piplovic,
2.Verizon Communications (NYSE: VZ)
The company’s current dividend yield is 4.44 percent. Verizon’s dividend has increased every year since 2007. Since 1993, the quarterly dividend has climbed 72 percent from $0.335 to $0.578 per share. On September 30, 2016, the stock closed at $51.98, which is 9 percent lower than the June 52-week high of $56.85.
3. Sanofi (NYSE: SNY)
This stock’s dividend exhibited more volatility than the other stocks on this list. It is currently 13 percent lower than the peak dividend payout in 2014 but is 732 percent higher than it was in 1993. The current 4.36 percent dividend yield is third highest in the Berkshire Hathaway portfolio.
While the dividend has increased in the last quarter, the stock has lost 26 percent of its value since the 52-week high of $51.88 on Oct. 28, 2015. It closed at $38.19 on September. 30, 2016, just 2 percent higher than the 52-week low in June 2016.
Connect with Ned Piplovic