Archer Daniels Midland (Warren Buffett)
Dividend Yield: 2.4%
It’s not a guru list without a mention of Warren Buffett.
Buffett made news with his acquisition of H.J. Heinz (NYSE:HNZ), but his Berkshire Hathaway (NYSE:BRK.A, BRK.B) has been steadily increasing its position in several companies, including DaVita HealthCare Partners (NYSE:DVA) and old standby Wells Fargo (NYSE:WFC).
But as far as conservative dividend payers go, Buffett’s most notable addition is Archer Daniels Midland (NYSE:ADM), the Midwestern food processing company.
Archer Daniels, which produces base products like oils and high-fructose corn syrup sweeteners, is about as unsexy as an investment can be — precisely why it belongs in Berkshire’s portfolio.
It also happens to be a Dependable Dividend Stock that has paid dividends since 1927.