While most financial sources today only track cash dividends, Warren Buffett's mentor — Benjamin Graham — actually recommended stock dividends over cash payouts.
The 16 Factors Needed To Make Money In The Stock Market, by the famed Value Investor and fellow student — alongside Warren Buffett — of Benjamin Graham.
While the Value Investing framework Warren Buffett's mentor actually recommended was slightly different, he did mention 2/3rd Net Current Asset Value as one of his own strategies.