Warren Buffett’s Top 5 Dividend Stock Picks

Page 1 of 5

In this article, we will take a look at Warren Buffett’s top 5 dividend picks. To see more such companies, go directly to Warren Buffett’s $5.7 Billion Dividend Portfolio: Top 15 Picks.

5. American Express Company (NYSE:AXP)

Berkshire Hathaway’s Stake: $22.4 billion

The Oracle of Omaha has a $22.4 billion stake in American Express Company (NYSE:AXP) as of the end of the fourth quarter of 2022. In March American Express Company (NYSE:AXP) increased its quarterly dividend by 15.4%.

Earlier this year Morgan Stanley gave bullish comments for American Express Company (NYSE:AXP) and added the stock in the list of its top picks for 2025. The firm said it believes slowing growth in expenses related to marketing and card member acquisition could help American Express Company (NYSE:AXP) drive about 430bp operating leverage growth in 2023. Morgan Stanley thinks this operating leverage growth trajectory could continue in 2024 as well.

Page 1 of 5