1 Top Warren Buffett Stock for Dividend Investors
This tech giant could become a dividend beast over the next decade and beyond.
Overview
It's easy to assume that a typical Warren Buffett dividend stock would be some stodgy value stock. Not that there's anything wrong with that -- Coca-Cola has minted its fair share of millionaires. But "stodgy" probably isn't a word you would use to describe Apple (NASDAQ: AAPL).
Ironically, Apple is Berkshire Hathaway's largest position and one of Buffett's crowning achievements from a legendary career. Many dividend investors lean toward higher yields than Apple's 0.3%, but here's why dismissing the tech giant as a bona fide dividend stock might be a huge mistake.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.