3 High-Yield Warren Buffett Dividend Stocks to Buy in June
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) doesn't pay a dividend, and for good reason. Warren Buffett believes he can get investors a better-compounded return by reinvesting capital instead of distributing it. And given Berkshire's performance, he's been right.
But many companies with low organic growth don't have the opportunities that Berkshire has. Or they might think that paying a dividend is a core part of their promise to investors. Chevron (NYSE: CVX) and Bank of America (NYSE: BAC) are two of the largest Berkshire Hathaway stock holdings. And both have a dividend yield of over 3%.
Meanwhile, Berkshire-backed Vitesse Energy (NYSE: VTS) is a much lesser-known play with a yield exceeding 8%. Here's why all three stocks are worth a look, according to these Motley Fool contributors.
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A dip in oil prices provides a great entry point for investors
Scott Levine (Chevron): The fifth largest position in the Berkshire Hathaway portfolio is Chevron, one of several energy companies that the Oracle of Omaha has deemed fit for investment.