5 Best Dividend Stocks To Buy According To Warren Buffett

Page 5 of 5

1. Apple Inc. (NASDAQ: AAPL)

Apple is the largest stock holding of Berkshire Hathaway’s 13F portfolio at the end of the December quarter, accounting for 43.6% of the portfolio – down 6% from the previous quarter. The firm has been collecting more than $750 million in dividends from its Apple stake. While Apple’s dividend yield is quite low due to sharp share price gains, the company has the potential to make big raises in dividends.

In their Q4 investor letter, Saturna Capital Corporation presented a bullish outlook for Apple. Here is what Saturna Capital said:

“Technology claimed six of the 10 Largest Contributors for 2020, demonstrating the effect of the pandemic, remote work, and the acceleration of various Technology and Consumer trends. Apple followed closely behind. More than once we have read Apple obituaries, but we believe the company’s combination of hardware and services will continue to drive the business for years to come, and we look forward to improved availability for the iPhone 12 Pro.”

You can also take a peek at Billionaire Izzy Englander’s Top 10 Stock Picks and 10 Best Tech Stocks To Buy Now According To Billionaire Laffont.

Page 5 of 5