Best Dividend Stocks Warren Buffett - For High Returns in 2024
When it comes to dividend investing, few names carry as much weight as Warren Buffett. Known for his long-term investment strategies and a knack for picking companies with sustainable growth, Buffett's portfolio is often a treasure trove for those seeking reliable dividend stocks. His approach focuses on companies with strong fundamentals, consistent earnings, and a commitment to returning value to shareholders through dividends. We’ll explore the best dividend stocks that Warren Buffett holds, offering insights into why these companies align with his investment philosophy. Whether you're a seasoned investor or just starting out, following Buffett's dividend picks can be a smart way to build wealth and generate steady income.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Apple | 0.42% | 15.88% | 37.50% | 54.01% | 1.45% | -20.10% | -18.09% |
| Coca-Cola | 2.72% | 78.63% | 28.93% | 12.37% | 0.41% | 3.93% | 4.75% |
| American Express | 1.02% | 19.74% | 19.10% | 6.39% | 0.34% | 11.03% | 10.67% |
| Bank of America | 2.46% | 35.03% | 11.81% | 1.08% | 0.09% | 8.67% | 23.62% |
| Chevron | 4.22% | 66.82% | 15.67% | 1.82% | 0.11% | 6.49% | 4.47% |
| Kraft Heinz | 4.97% | 70.37% | 14.15% | 0.79% | 0.06% | 0.00% | 0.00% |
| Procter & Gamble | 2.29% | 62.14% | 26.73% | 8.09% | 0.30% | 6.03% | 4.57% |
| Johnson & Johnson | 2.98% | 84.05% | 28.52% | 5.61% | 0.20% | 5.54% | 5.93% |
| Verizon | 5.83% | 64.26% | 11.10% | 1.96% | 0.18% | 1.98% | 2.25% |
| U.S. Bancorp | 4.22% | 54.74% | 11.57% | 1.24% | 0.11% | 4.62% | 7.45% |
| JPMorgan Chase | 1.98% | 25.28% | 11.75% | 1.99% | 0.17% | 6.87% | 11.42% |
| Wells Fargo & | 2.18% | 31.60% | 11.93% | 1.31% | 0.11% | -4.82% | 1.06% |
| Moody's | 0.76% | 30.13% | 40.54% | 23.41% | 0.56% | 11.20% | 11.74% |
| Bank of New York Mellon | 2.06% | 34.04% | 14.46% | 1.59% | 0.11% | 8.57% | 10.43% |
| AbbVie | 2.94% | 257.71% | 88.42% | 113.77% | 0.71% | 7.69% | 14.08% |
| General Motors | 1.01% | 10.87% | 8.81% | 0.84% | 0.09% | -20.59% | 0.00% |
| Merck & Co | 3.30% | 45.80% | 14.05% | 5.19% | 0.39% | 6.66% | 5.83% |
| McDonald's | 2.14% | 59.22% | 28.00% | -60.64% | -1.77% | 7.47% | 7.53% |
| Exxon Mobil | 3.56% | 49.60% | 14.44% | 1.84% | 0.13% | 2.28% | 3.58% |
| Visa | 0.64% | 21.67% | 29.89% | 15.59% | 0.51% | 15.41% | 2.50% |
| Mastercard | 0.50% | 19.02% | 38.95% | 77.32% | 1.80% | 14.87% | 6.32% |
| Walmart | 0.90% | 33.64% | 37.89% | 8.09% | 0.23% | -17.10% | -8.04% |
| Coca-Cola | 2.72% | 78.63% | 28.93% | 12.37% | 0.41% | 3.93% | 4.75% |
| Occidental Petroleum | 1.40% | 47.32% | 14.34% | 1.28% | 0.09% | -22.46% | -11.18% |
| PepsiCo | 3.51% | 75.48% | 22.14% | 11.75% | 0.50% | 7.04% | 7.73% |
| Johnson & Johnson | 2.98% | 84.05% | 28.52% | 5.61% | 0.20% | 5.54% | 5.93% |
| Bristol-Myers Squibb | 4.06% | -54.35% | -13.52% | 7.41% | -0.53% | 7.91% | 5.17% |
| Goldman Sachs | 2.10% | 31.50% | 12.64% | 1.48% | 0.12% | 22.61% | 17.72% |
| American International Group | 1.88% | 38.57% | 15.33% | 1.18% | 0.07% | 4.04% | 12.05% |
| Home Depot | 1.79% | 60.31% | 25.22% | 56.24% | 3.17% | 10.59% | 16.95% |
| Lowe's | 1.88% | 36.62% | 19.60% | -9.58% | -0.50% | 16.91% | 18.56% |
| Mondelez International | 2.64% | 50.94% | 19.66% | 3.37% | 0.17% | 10.43% | 11.93% |
| Caterpillar | 1.58% | 24.52% | 15.72% | 8.70% | 0.59% | 7.47% | 7.62% |
| Pfizer | 6.32% | 118.69% | 18.90% | 1.64% | 0.09% | 3.13% | 4.91% |
| ConocoPhillips | 3.44% | 39.44% | 11.47% | 1.64% | 0.17% | 18.50% | 0.94% |
| Norfolk Southern | 2.23% | 43.89% | 19.69% | 3.83% | 0.21% | 8.45% | 9.30% |
| S&P Global | 0.74% | 29.43% | 40.17% | 4.67% | 0.11% | 9.81% | 11.74% |
| Costco Wholesale | 0.48% | 20.26% | 56.18% | 16.74% | 0.32% | 12.30% | 12.59% |
| Texas Instruments | 2.79% | 99.92% | 36.21% | 10.28% | 0.28% | 10.38% | 15.55% |
| Intel | 1.21% | -8.53% | -4.75% | 0.90% | -0.18% | -21.52% | -8.38% |
| 3M | 1.93% | 47.50% | 19.06% | 20.42% | 0.96% | -10.21% | -0.17% |
| Colgate-Palmolive | 2.07% | 61.90% | 27.37% | 373.13% | 11.56% | 2.98% | 3.38% |
| Hormel Foods | 3.97% | 81.88% | 20.79% | 1.37% | 0.09% | 6.11% | 3.51% |
| Amgen | 2.81% | 118.14% | 42.93% | 29.88% | 0.67% | 9.18% | 13.94% |
| Hershey | 2.96% | 48.84% | 16.87% | 7.95% | 0.52% | 12.88% | 10.39% |
| Chevron | 4.22% | 66.82% | 15.67% | 1.82% | 0.11% | 6.49% | 4.47% |
| Johnson & Johnson | 2.98% | 84.05% | 28.52% | 5.61% | 0.20% | 5.54% | 5.93% |
| Realty Income | 5.39% | 313.61% | 59.15% | 1.31% | 0.02% | 1.09% | 2.73% |
| Dominion Energy | 4.84% | 105.41% | 22.15% | 1.73% | 0.08% | -6.16% | 1.07% |
| Kinder Morgan | 4.40% | 97.86% | 22.21% | 1.90% | 0.09% | 3.80% | -23.65% |
| Southern | 3.15% | 67.12% | 22.76% | 3.02% | 0.13% | 3.06% | 3.22% |
| Union Pacific | 2.13% | 47.62% | 22.33% | 8.92% | 0.41% | 7.37% | 8.36% |
| BlackRock | 2.17% | 48.69% | 23.04% | 3.36% | 0.15% | 9.10% | 10.20% |
| Visa | 0.64% | 21.67% | 29.89% | 15.59% | 0.51% | 15.41% | 2.50% |
| American Tower | 3.05% | 136.36% | 44.00% | 29.33% | 0.60% | 11.38% | 16.56% |
| Citigroup | 3.14% | 30.63% | 11.92% | 0.72% | 0.06% | 2.57% | 49.16% |
| Travelers Companies | 1.22% | 19.02% | 11.72% | 258.61% | 0.26% | 5.14% | 6.80% |
| PNC Financial Services | 3.53% | 49.06% | 12.18% | 1.32% | 0.11% | 8.45% | 12.85% |
| Fifth Third Bancorp | 3.31% | 50.82% | 12.81% | 1.51% | 0.12% | 8.90% | 10.94% |
| Ally Financial | 3.46% | 72.16% | 15.93% | 0.77% | 0.05% | 12.03% | 0.00% |
| Synchrony Financial | 1.83% | 13.43% | 6.20% | 1.31% | 0.22% | 3.06% | 0.00% |
| Toronto-Dominion Bank | 4.95% | 81.81% | 14.84% | 1.10% | 0.08% | 6.64% | 2.85% |
| Royal Bank of Canada | 3.46% | 42.17% | 13.92% | 1.86% | 0.14% | 6.03% | 4.57% |
| Charles Schwab | 1.37% | 38.29% | 22.96% | 3.79% | 0.14% | 8.02% | 15.34% |
| Best Buy | 4.73% | 86.84% | 18.30% | 5.08% | 0.29% | 13.46% | 17.97% |
| Johnson Controls International | 1.73% | 56.74% | 32.98% | 3.63% | 0.11% | 7.31% | 7.77% |
| General Electric | 0.58% | 15.38% | 32.33% | 10.95% | 0.30% | 86.23% | 0.04% |
| Deere & Company | 1.21% | 26.09% | 21.82% | 6.04% | 0.27% | 14.68% | 10.07% |
| UPS | 5.37% | 93.38% | 17.98% | 6.22% | 0.34% | 11.17% | 9.30% |
| Waste Management | 1.31% | 44.06% | 33.78% | 443.78% | 0.48% | 7.91% | 7.18% |
| Public Service Enterprise | 2.96% | 67.49% | 22.81% | 2.89% | 0.12% | 5.01% | 4.95% |
| Walgreens Boots Alliance | 7.01% | -12.01% | -1.05% | 0.83% | -0.73% | -11.04% | -2.63% |