Warren Buffett's NEW Top Dividend Stock

Is Warren Buffett’s new top dividend stock the right income play for you? Here’s what I think. Warren Buffett's NEW Top Dividend Stock By Ian Wyatt September 16th, 2024 Bank of America (NYSE: BAC) was Buffett’s top dividend stock. But after aggressively selling it since July 24 – it’s not anymore. Let’s discuss if his new top dividend stock is the right income play for you… Or if you could make much more income with [this AI secret.]( [Go here to see how it could make you $6,250 in just a few days.]( Two weeks after BofA announced plans to hike its dividend… Warren Buffett began aggressively selling the stock. Berkshire still holds 858,180,506 shares. With a dividend yield of $1.04 per share… Berkshire’s (NYSE: BRK-B) stake would still yield $892,507,726 in dividend income over the next 12 months. Not bad… But not enough to make it Buffett’s top dividend stock. That spot now belongs to Occidental Petroleum (NYSE: OXY). Buffett has been on a buying spree of OXY since 2022… … scooping up 255.3 million shares. OXY pays a quarterly dividend of $0.22 per share. So Buffett’s stake is set to generate $224.6 million in dividend income over the next year. Berkshire also holds $8.5 billion in OXY preferred stock – which pays an 8% annual yield. That brings in an additional $679.1 million a year. Add it all up… And Buffett’s total 12-month dividend payout from Occidental is $903.8 million. The problem with OXY for retail investors is that it only pays a 1.71% annual dividend yield. That’s simply too low to generate meaningful income – unless you’re already a multimillionaire. For example, if you were to invest $10K into OXY… You’d get $171 per year. But if you were to invest $10K into any of the income trades [this new AI bot]( uncovers… you could earn $9,800… $12,500… and even $35,900 – in just days. And with maximum safety too. That’s because when you’re backed by a powerful AI that analyzes thousands of data points in real-time… Faster and more accurately than any human ever could… Then your ability to place the right income trades at the right time shoot up dramatically. That’s why this AI bot has been able to deliver 80% WINNING income trades. On average, that’s 4 winning trades out of every 5. Want to see how it could make you $6,250 in just a few short days? [Simply go here for urgent instructions.]( Yours in Wealth, Ian Wyatt [VISIT WWW.WYATTRESEARCH.COM]( [Take a 7 day break from these emails]( © Wyatt Investment Research. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by [clicking here.]( You are subscribed with the following email address: {EMAIL} [Unsubscribe from these types of emails]( [Manage your email preferences]( We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call [866-447-8625](tel:+1(866)447-8625). Wyatt Investment Research LLC 65 Railroad Street, PO Box 790 Richmond, Vermont USA 05477