Verizon Communications Inc. (NYSE: VZ) will be the only telecom player left in the Dow Jones Industrial Average after Apple replaces AT&T, and Verizon will be the highest yield in the Dow as well. Verizon was added by the new portfolio managers under Buffett, and it remains to be seen how the stock ultimately will perform during this cellular price war. Verizon has raised its dividend for eight straight years, and Team Buffett likely expects that the telecom giant can keep raising its dividend.
Read more: The Top 8 Dividend Stocks Owned by Warren Buffett and Berkshire Hathaway - 24/7 Wall St. http://247wallst.com/investing/2015/03/10/the-top-8-dividend-stocks-owned-by-warren-buffett-and-berkshire-hathaway/#ixzz3U4l5TECe
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