Two Billionaire Investors Increase Positions in High-Yield Dividend Stocks

When it comes to investing, following the moves of successful billionaires like Warren Buffett and Ken Griffin can be a smart strategy. Both of these billionaires recently added to their positions in two high-yield dividend stocks – Chevron and Kraft Heinz.

Chevron, a major player in the oil and gas industry, has been a favorite among income investors for years. With a dividend yield of nearly 4.3% and a track record of increasing dividends for 37 consecutive years, Chevron offers a steady source of income. In addition, the company has been returning cash to shareholders through dividends and stock buybacks, making it an attractive option for value investors as well.

On the other hand, Kraft Heinz, a food company formed as a result of Buffett’s efforts in a merger, offers a dividend yield of close to 4.5%. While the company hasn’t increased its dividend in recent years, its high yield may still appeal to income investors. Value investors may also find Kraft Heinz attractive, as the stock trades at a relatively low forward earnings multiple.

Ultimately, both Chevron and Kraft Heinz could be appealing to income and value investors. Chevron’s potential for dividend growth and Kraft Heinz’s high yield make them both interesting options for those looking to add high-yield dividend stocks to their portfolios.

If you had to choose between the two, Chevron might be the better pick, especially considering the potential for rising oil prices in the future. Both Buffett and Griffin seem to share this optimism, as they have recently increased their positions in Chevron.

In the world of investing, following the moves of successful investors like Buffett and Griffin can provide valuable insights. By considering their recent investments in high-yield dividend stocks like Chevron and Kraft Heinz, you may find opportunities to enhance your own investment portfolio.