Why Warren Buffett Bought 11 Million Shares Of Verizon

Firstly, the telecom pays a healthy 4.3% dividend yield. Buffett might be interested in Verizon because it got approval to buy up the other 45% of Verizon Communications from Vodafone that it didn't already own.

http://www.fool.com/investing/general/2014/06/16/why-is-warren-buffett-buying-this-stock.aspx

The Verizon appeal

Firstly, the telecom pays a healthy 4.3% dividend yield. Buffett might be interested in Verizon because it got approval to buy up the other 45% of Verizon Communications from Vodafone that it didn't already own.

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