3 Warren Buffett Dividend Growth Stocks to Buy Now and Hold Forever
Warren Buffett loves a good dividend growth stock. Such companies consistently grow their profits year after year and elect to return those higher profits to shareholders.
A business that's able to do that likely has a lot of the characteristics Buffett looks for in a company. And when those stocks trade at a fair value, they can provide exceptional returns for shareholders.
Dividend growers and initiators generated an average return of 10.24% in the 50 years from 1973 through 2022, according to research from Hartford Funds. By comparison, non-payers grew just 3.95%. That might help explain Buffett's uncanny performance as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), substantially outperforming the S 500 index in that same period.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 15.45% compared to the current price of 563000.0 € for Berkshire Hathaway Inc. A.
