4 'Hidden' Dividend Stocks That Warren Buffett Owns
Like other institutional asset managers, Berkshire Hathaway (BRK-A) reports their US stock positions in quarterly SEC 13F filings. While Berkshire's iconic holdings like American Express (AXP) and Coca-Cola (KO) get all of the headlines, investors may be surprised by well known companies that make up Berkshire's less famous stock holdings.Here is a list of dividend paying stocks that are "hidden" amongst Buffett's larger and more famous holdings:BANK OF NEW YORK MELLON CORP (BK)Dividend: $0.52 (1.80%)If you had to name one Berkshire Hathaway bank stock, it would probably be Wells Fargo (WFC), but Bank of New York Mellon is quickly becoming an important bank in its own right.The bank has a forward P/E of 9.79, a price/book of 1.10 and return on assets of 1.15%. While this constitutes a nice rebound from 2009 losses, Bank of New York Mellon shareholders could see considerable upside if the... Read more