Warren Buffett, the famed value investor and chairman of Berkshire Hathaway, lists Coca-Cola and General Motors as the two top dividend-paying stocks of 2015, reports The Street. Cocoa-Cola is one of the 30 stocks included in the Dow Jones Industrial Average, according to CNN Money.
Warren Buffett holds a 15.1 percent stake in Cocoa-Cola, and it is his second biggest holding, according to The Street. Strong revenues, higher profit margins and cash flow from operations are a few of Cocoa-Cola’s strengths. The company pays a quarterly dividend of 33 cents per share, as of 2015. Berkshire Hathaway holds a 1.4 percent stake in General Motors, and GM pays a quarterly dividend of 36 cents per share.