Warren Buffett's Dividend Strategy and Cash Hoarding: Insights into His Personal Portfolio
Warren Buffett's Berkshire Hathaway portfolio includes three stocks with ultra-high dividend yields: Golub Capital with a yield of over 10%, Ares Capital with a yield of over 9.8%, and Crown Castle with a yield of nearly 6.5%. Golub Capital and Ares Capital are business development companies (BDCs) that have delivered solid returns and outperformed the S&P 500. Crown Castle, a cell tower owner, has faced challenges due to Sprint's cancellation of cell tower leases but remains committed to maintaining its dividend payout. Among the three, Ares Capital is favored for its strong track record and diversified portfolio.