Warren Buffett's Favorite High-Dividend Stock Picks
Warren Buffett
is one of the best investors of the past 60 years -- probably the best. (I haven’t made up my mind whether
Jim Simons
, who started investing at a late age, is better than he is). His track record for the first 50 years of his investment career is absolutely amazing. Unfortunately, for the past 5-10 years
his alpha went down to zero from around 10-12
percent per year.
We compiled Buffett's high-dividend stock picks at the end of March. We required a minimum dividend yield of 2.7%; yields were obtained from Yahoo Finance. Here are Buffett's favorite high dividend stock picks:
1. GlaxoSmithKline (GSK)
is one of the major drug manufacturers in the world. GSK recently traded at $43 and has a 4.9% dividend yield. GSK gained 34.3% during the past 12 months. The stock has a market cap of $109.4 billion and P/E ratio of 37.7.... Read more