Warren Buffett’s Favorite High Yield Stocks All Paying Over 3%

Warren Buffett is the most famous investor in the world. Check out his high yield stocks.

by Fred Fuld III

Warren Buffett, the CEO of Berkshire Hathaway (BRKA) (BRKB), is the most well known investor in the world.

He is also not only one of the wealthiest investors, he is also the seventh wealthiest person in the world, according to Forbes, sporting a net worth of $96.7 billion.

In addition, Buffett is a very interesting character.

Many investors like to follow in Buffett’s footsteps in terms of investments, in order to match his outstanding returns.

Yet, some of Buffett’s stocks don’t pay dividends, such as Amazon (AMZN), and if you are an income investor, you might want to choose the top dividend paying stocks of Berkshire Hathaway.

At the top of the list is Kraft Heinz (KHC), which pays a dividend of $1.60 per year and currency has a very favorable yield of 4.28%. The stock trades at 13.5 times forward earnings and even sells at a discount to book value with a Price to Book ratio of 0.94.

In second place is U. S. Bancorp (USB), which pays a high yield of 4.01%, with a $1.84 dividend rate. The stock has a very reasonable forward price to earnings ratio of 8.91%.

Next is Chevron (CVX) yields 3.60%, paying out $5.68 per year, payable quarterly. The forward P/E ratio is a solid 9.37.

HP Inc. (HPQ) is another one of Buffett’s holdings paying over 3%, with a yield of 3.55%. The stock trades at an extremely low 6.43 times forward earnings.

Finally, Bank of New York Mellon (BK) has a yield of 3.44%. The forward P/E is a solid 8.66. This is another Berkshire company that sells below book value with a price/book ratio of 0.92.

Maybe some of Buffett’s dividend paying stocks can help make you rich.

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