Warren Buffett’s Long-Term Dividend Holds: Sanofi SA (ADR) (SNY) and More

International media and marketing company Gannett Co., Inc. (NYSE:GCI) gave impressive performance stretching back a year, netting a double-digit rise in share price spurred along by consistent earnings beats every single quarter. While overall sentiment is still positive for the stock, some analysts are becoming tepid as Gannett’s core business (newspaper sales) has seen more competition from the likes of News Corp (NASDAQ:NWSA) and falling circulation numbers from consumers. However, the stock continues to earn investors like Buffett a yield of 4.1%, which, when matched with the startling performance of the stock last year, means a respectable growth and income investment for those who have been in on a longer-term scale. Billionaire David Harding upped his position by 30% according to his last 13F filings.

Sanofi SA (ADR) (NYSE:SNY) is another high-dividend healthcare play on our list, earning a still-respectable yield of 3.6%. Once again, the stock provided significant gains on both the income and growth fronts for Buffett, despite their last quarterly earnings report showing negative growth in revenue versus the same quarter a year prior. Forward price-to-earnings ratios show a decline versus the same ratio calculated with the last twelve months earnings. We expect the stock price to come down to meet the reduced P/E numbers, as SNY will have to battle government regulations and increased distribution of generics in 2013. Abrams Capital Management maintains a $50 million position in the stock.

Last on our list of Buffett’s long-term dividend plays is General Electric Company (NYSE:GE) . GE barely made our list, as Berkshire Hathaway cut their position by almost 90% going into their Q3 13F filing last year. The fund started with roughly $140 million invested in the stock, yet only $13 million is left after they unwound that trade. Buffett is most likely taking profits here, as the stock has given a 25% return since the start of 2011. Additional income was given in GE’s 3.4% dividend yield. Steve Cohen of SAC Capital Advisors mirrored Buffett’s approach and reduced his bullish call position by over 60%.

The article Warren Buffett’s Long-Term Dividend Holds originally appeared on Fool.com and is written by Jake Mann.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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

50 Crazy Facts About Japan You Won’t Believe

Top 10 Least Expensive Hybrid Cars to Save the Planet With

The 10 Biggest ‘Gate’ Controversies in History

The 10 States with the Highest Nursing Shortages Leaving Their Hospitals Depleted

The 10 Best Value Investment Blogs that Every Investor Must Read

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

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

How 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

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!