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Barchart
Barchart
Mohit Oberoi

This Cheap Warren Buffett Stock Pays a Fat Dividend, But Should You Invest?

Berkshire Hathaway (BRK.B), which is run by Warren Buffett, holds stakes in several publicly traded companies, and many of these have a decent dividend yield. This, of course, includes long-time holdings like Kraft-Heinz (KHC) and Coca-Cola (KO). However, the single biggest contributor to the conglomerate’s dividend pie is Bank of America (BAC), which is Berkshire's second-largest holding overall, after Apple (AAPL).

While Buffett has greatly trimmed his bank holdings, Citigroup (C) is a relatively recent investment, as the conglomerate first bought a stake in 2022. The purchase came amid the bank’s transformation under CEO Jane Fraser, who is trying to simplify the reporting structure, as well as lower its cost base. 

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