5 Best Value Dividend Stocks to Buy According to Warren Buffett

4. D.R. Horton, Inc. (NYSE:DHI)

P/E Ratio as of October 14: 7.28
Berkshire Hathaway’s Stake Value: $726,454,496

D.R. Horton, Inc. (NYSE:DHI) is one of the recent acquisitions of Berkshire Hathaway in Q2 2023. The hedge fund opened its position in the homebuilding company with roughly 6 million shares, worth over $726.4 million. The company accounted for 0.2% of the firm’s 13F portfolio.

D.R. Horton, Inc. (NYSE:DHI) has been raising its dividends consistently for the past 10 years and currently pays a quarterly dividend of $0.25 per share. The stock has a dividend yield of 0.95%, as of October 14. With a P/E ratio of 7.28, DHI is one of the best value stocks on our list.

The number of hedge funds in Insider Monkey’s database owning stakes in D.R. Horton, Inc. (NYSE:DHI) grew to 54 in Q2 2023, from 46 in the previous quarter. The consolidated value of these stakes is over $2.8 billion.