As a UK investor I am mostly interested in UK stocks. However, Master Investor's focus last month on the US prompted me to look across the pond. Specifically, I wanted to see how some of the biggest and safest dividend payers in the US stacked up as long-term dividend investments. To be honest, I wasn't optimistic. The US is not exactly known as a bastion of high yield stocks and US markets have been expensive for years. But on the flip side, the US is home to some of the most successful dividend-payers on the planet, where lofty prices may be justified. Of course, the US is also home to Warren Buffett, who has been investing in high quality dividend-paying companies for decades. So with Buffett in mind, I thought I'd look at two very high profile, high quality companies he's often spoken about, but only one of which he's invested in. |
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