This Is Warren Buffett's Best-Performing Dividend Stock of 2021. Should You Buy It?
Through his investment conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), celebrated stock picker Warren Buffett has been a longtime shareholder of big bank (and habitual dividend payer) Wells Fargo (NYSE: WFC). While Berkshire has sold the great bulk of its once-mighty position in the bank over the past couple of years, it still holds over 675,000 Wells Fargo shares.
Other investors have been more interested in buying the stock lately and its price has risen by about 63.5% year to date. That recent rise beats not only the performance of the remaining Big Four banks (Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), and Citigroup (NYSE: C)), but also that of every other dividend stock in Berkshire's portfolio.
Image source: The Motley Fool.
Source Fool.com
