Like Passive Income? Buy These No-Brainer Warren Buffett Stocks
One common theme of Warren Buffett's Berkshire Hathaway is dividends. While not every Berkshire stock offers a payout, dividends have become an integral part of the investment thesis for many stocks picked by Buffett and his team.
Admittedly, Buffett's company has not invested in some of these stocks in decades, indicating they make better holds than buys in today's market. Still, dividend stocks like Procter & Gamble (P&G) (NYSE: PG), Ally Financial (NYSE: ALLY), and Chevron (NYSE: CVX) could still generate significant returns for income investors. Here's a look at each company.
Although Berkshire has sold most of its stake in P&G, investors focused almost exclusively on income might still want to take an interest in the company. Procter & Gamble pays shareholders just over $3.65 per share annually.
Source Fool.com
