Warren Buffett’s 8 Best Dividend Stock Picks

2. Mastercard Incorporated (NYSE:MA)

Number of Hedge Fund Holders: 141

Mastercard Incorporated (NYSE:MA) is one of Warren Buffett’s best dividend stock picks. In December, the payment cards company announced a 16% dividend hike, keeping in line with its dividend growth announcement last year. Mastercard’s dividend has seen growth at a CAGR of 15.2%.

Warren Buffett’s Berkshire owns a $1.9 billion stake in Mastercard Incorporated (NYSE:MA) as of the end of the March quarter.