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10 Buffett Dividend Stocks Paying 3% or More

If you love Warren and high yields, these stocks may be for you

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Sanofi

Sanofi3 10 Buffett Dividend Stocks Paying 3% or MoreIndustry: Pharmaceuticals
Berkshire Shares:
4.06 million shares
Yield:
3.8%
YTD Returns
: 2% vs. 8% for the S&P
5 year returns: -12% vs. -13% for the S&P

Sanofi Aventis (NYSE:SNY) is a lesser-known healthcare play, but another dividend-paying giant in the Berkshire portfolio. Like GSK, Sanofi is a foreign drugmaker and thus has a less reliable dividend policy.

In fact, this company pays annual dividends instead of quarterly ones. SNY paid a regular dividend $1.43 in May for a yield of 3.8% on current shares. That’s a good yield — but it’s worth noting the payday won’t come around again for roughly 10 months, so take that into account.

But the kicker this year was an additional special dividend of$1.48 a share on top of the regular payment. That brings the nominal yield to 7.8% annualized, though it’s admittedly a stretch to imagine that payout sticking for good.


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/10-buffett-dividend-stocks-paying-3-or-more/.

©2014 InvestorPlace Media, LLC

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