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Last month, eBay (NASDAQ:EBAY) held an auction of a lunch with the famous billionaire investor Warren Buffett, head of Berkshire Hathaway (NYSE:BRK.B). The high bid at the auction was $2,345,678 -- based upon Buffett's outstanding track record, investors are willing to pay millions to have lunch with him to pick his brain.

Many of the stocks that Buffett owns through Berkshire Hathaway pay dividends, according to the free list at Yields range from less than one percent to in excess of six percent.

Kraft Foods Inc (KFT) is one of the high dividend payers on the list, sporting a yield of 3.3%. It trades at 13.8 times earnings, however earnings were down over 57% for the latest quarter on an 11% increase in revenues. The company reports earnings August 4. Another high yielder owned by Buffett is Johnson & Johnson (NYSE:JNJ), yielding 3.4%. It has a forward price to earnings ratio of 12.4. The company just reported earnings, which were down about 20% on an 8.3 increase in revenues. A couple other high yield Buffett stocks include ConocoPhillips (NYSE:COP), yielding 3.5%, and Sanofi Aventis (NYSE:SNY), with a payout rate of 3.3%.

Disclosure: I own EBAY.

Source: Some of Warren Buffett's Top-Yielding Stocks