Warren Buffett’s Dividend Stocks Include Procter & Gamble

Page 1 of 2

Warren Buffett of Berkshire Hathaway is recognized as one of the greatest long-term investors of all time. In mid February Berkshire filed its 13F for the fourth quarter of 2012, disclosing many of its long equity positions as of the end of December; since Buffett tends to invest long term the holding company probably still owns most of these stocks. 13Fs can also be used to develop investment strategies; we have found that the most popular small cap stocks among hedge funds generate an average excess return of 18 percentage points per year and other techniques are likely possible as well. We went through Berkshire’s most recent 13F looking for stocks Warren Buffett likes which also pay high dividends (check out the full list of stocks Berkshire reported owning). Here are five stocks which Berkshire had over $75 million invested in at the end of December and which currently pay a dividend yield of at least 3%:

The Procter & Gamble Company (NYSE:PG) pays a 3% yield and Berkshire reported a position of almost 53 million shares in the megacap personal products company in its filing. With most of its products being consumer staples, Procter & Gamble’s beta is only 0.3; considering its large market cap it’s therefore a good prospect for income or defensive investors, though sales growth has been low as would be expected. Billionaire Bill Ackman’s Pershing Square was another major Procter & Gamble shareholder, owning nearly 28 million shares at the end of December (see more of Ackman’s long stock picks).

Warren BuffettBuffett had 24 million shares of ConocoPhillips (NYSE:COP) in his portfolio at the end of 2012. Like many oil majors, the earnings multiples for ConocoPhillips are fairly low- less than 10 for both trailing and forward P/Es. A 26% decline in the stock price in the last year has contributed to boosting the stock’s dividend yield above 4%, though of course the company is exposed to commodity prices. Yacktman Asset Management, managed by Donald Yacktman, reported a position of 6.6 million shares in ConocoPhillips, which was essentially unchanged from three months earlier.

Find three more income stocks Buffett owned:

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!