5 Best Dividend Stocks To Buy According To Warren Buffett

Below are the 5 best dividend stocks to buy according to Warren Buffett. For a comprehensive list and Buffett’s investment strategy please see 10 Best Dividend Stocks To Buy According To Warren Buffett.

5. The Kraft Heinz Company (NASDAQ: KHC)

Berkshire Hathaway first initiated a position in The Kraft Heinz Company (NASDAQ: KHC) in 2015. The consumer staples company offers a dividend yield of 4%. The company slashed its dividend in 2018 and offers a quarterly dividend of $0.40 per share over the last two years. Despite that, it is one of the best dividend stocks to buy according to Warren Buffett.

Here is what Berkshire stated about Kraft Heinz in their fourth-quarter investor letter:

“We exclude our Kraft Heinz holding — 325,442,152 shares — (In the list of 15 common stock investments that at yearend were our largest in market value) because Berkshire is part of a control group and therefore must account for that investment using the “equity” method. On its balance sheet, Berkshire carries the Kraft Heinz holding at a GAAP figure of $13.3 billion, an amount that represents Berkshire’s share of the audited net worth of Kraft Heinz on December 31, 2020.”