Warren Buffett, one of the most legendary investors of all time, is a great source for finding high-yield dividend stocks.
Armed with a simple strategy of buying high quality businesses at reasonable prices with an intention of holding them forever, Buffett has racked up one of the best long-term performance track records.
Buffett's Berkshire Hathaway owned over 40 stocks at the end of 2015, and the majority of them pay dividends. More impressively, nine of Buffett's top 10 positions pay a dividend, and nearly a quarter of his stocks have a high dividend yield of about 3% or more.
Included in this group are a handful dividend stocks that are members of the S&P 500 Dividend Aristocrats Index, which consists of companies in the S&P 500 that have increased their dividend payouts for at least 25 consecutive years.
Let's take a closer look at Buffett's top 10 stock picks for dividends...