Despite its challenges, Constellation Brands may be the greatest opportunity among Berkshire's high-yield dividend holdings.
Warren Buffett and his team at Berkshire Hathaway have long invested in dividend stocks. In today's market environment, the average dividend yield is 1.2%.
If one defines "high yield" as double that return or more, eight stocks in the Berkshire portfolio offer such dividend returns. However, of these, my top pick in the market's current state is the stock the company has bought aggressively lately, Constellation Brands ( STZ -2.19% ) , and here's why.
Berkshire's high-yield stocks
Choosing Constellation is also a question of why not the other seven high-yield dividend stocks in the Berkshire Hathaway portfolio. In most cases, it owns stocks that were