These 5 Dividend Stocks Account for 74% of Warren Buffett’s $399 Billion Portfolio
From NASDAQ OMX Group: 2024-08-02 08:30:00
Warren Buffett’s portfolio is filled with lucrative dividend stocks like Apple, Bank of America, American Express, Coca-Cola, and Chevron. These companies are leaders in their industries and offer solid long-term investment opportunities. Apple, with a 43.1% hold in the portfolio, continues to generate substantial cash flow and is a favorite of Buffett. Bank of America, with a 10.1% hold, boasts strong revenue and a higher-than-average dividend yield. American Express, at 9.4%, shows steady growth and an attractive dividend yield. Coca-Cola, at 6.7%, is a Dividend King with over 60 years of consecutive dividend increases. Chevron, at 4.8%, benefits from high oil prices and offers a substantial dividend yield, making it a good hedge against inflation and diversification option for investors. Investing in these top holdings can provide stability and potential for long-term growth.
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