Warren Buffett’s Dividend Portfolio: 5 Stocks to Watch

3. Apple Inc. (NASDAQ:AAPL)

Dividend Yield as of May 19: 0.65%
Quarterly Dividend: $0.23 per share

Berkshire Hathaway started buying Apple Inc. (NASDAQ:AAPL) in 2016 and today the company is the largest holding of the hedge fund. The hedge fund owned shares worth over $155.5 billion in the tech giant, which accounted for 42.78% of Warren Buffett’s portfolio.

Apple Inc. (NASDAQ:AAPL) in April announced a 5% increase in its quarterly dividend to $0.23 per share. As of May 19, the stock’s dividend yield stood at 0.65%.

In May, Morgan Stanley estimated an 8% year-over-year growth in Apple Inc.’s (NASDAQ:AAPL) App Store net revenue growth. The firm raised its price target on the stock to $195, with an Overweight rating on the shares.

ClearBridge Investments mentioned Apple Inc. (NASDAQ:AAPL) in its Q4 2021 investor letter. Here is what the firm has to say:

“Despite these mixed emerging growth results, the ClearBridge Global Growth Strategy outperformed the benchmark due to resilience among our secular and structural growth holdings. The bulk of these contributions came from U.S. mega-cap growth stocks Apple and Microsoft which continued to uniquely act both offensively and defensively as they have through most of the pandemic.”