3 Warren Buffett Dividend Growth Stocks to Buy Now and Hold Forever
Warren Buffett loves a good dividend stock. What he loves even more, though, is a stock that can consistently increase its dividend over time.
Case in point: Buffett first purchased shares of Coca-Cola (NYSE: KO) for Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio in 1988, when the stock offered a dividend yield of 2.9%. After 35 years, shares pay $1.84 every year, yielding 70% on Buffett's original investment.
Investors would be smart to pay attention to some of the lower-yielding dividend payers in Buffett's portfolio with massive potential for dividend growth. Here are three of them to consider.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 15.25% for Berkshire Hathaway Inc. A compared to the current price of 564000.0 €.