Warren Buffett's Top Yielding Stocks
One of the highest yielding stocks on the list is Sanofi Aventis (SNY), paying a nice rate of 4.5%. This is the Paris, France based pharmaceutical company that markets Plavix, Ambien, Allegra, Nasacort, and numerous other medicines and vaccines. The stock has a forward price to earnings ratio of 8 and earnings for the latest quarter were up 59.5%.
Another Buffett high yielder is the international integrated energy company ConocoPhillips (COP), which yields 4.2% and has a forward PE of 6.5. This Houston, Texas company has been around since 1917, and has raised its dividend every year since the year 2001. The operating cash flow is $12.48 billion, easily covering the $3 billion in dividend payouts.
For more high yields and diversification, there is Kraft Foods (KFT), yielding 4.1%. This food, beverage, and snack company has a forward PE of 12 and generated a 335.6% earnings increase for the latest quarter.
To access a free list of the Warren Buffett stocks, which can be downloaded, changed, and sorted by yield and forward PE, go to WallStreetNewsNetwork.com.
Author does not own any of the above.