What is Warren Buffett's best dividend stock?
Buffett, of course, was right. co*ke boosted its dividend in 2023 and 2024. Berkshire received $736 million from co*ke dividends last year—and is set to get a $776 million payment this year.
- Telecom powerhouse Verizon Communications (NYSE: VZ) with a dividend yield of 6.7%
- Materials science veteran Dow Inc. (NYSE: DOW) showing a 5.1% yield.
- Energy giant Chevron (NYSE: CVX) sporting a dividend yield of 4.2%
Buffett, of course, was right. co*ke boosted its dividend in 2023 and 2024. Berkshire received $736 million from co*ke dividends last year—and is set to get a $776 million payment this year.
- Coal India Ltd. ...
- Oil and Natural Gas Corporation Ltd. ...
- HCL Technologies Ltd. ...
- Power Grid Corporation of India Ltd. ...
- Bharat Petroleum Corporation Ltd. ...
- Infosys Ltd. ...
- ITC Ltd.
Warren Buffett, will earn dividends worth $6 billion in 2024, which makes a $16.44 million per day! The renowned investor has always placed an emphasis on long-term profits, and his choices have consistently shown results.
- ARMOUR Residential REIT – 20.7%
- Orchid Island Capital – 17.8%
- AGNC Investment – 14.8%
- Oxford Square Capital – 13.7%
- Ellington Residential Mortgage REIT – 13.2%
- SLR Investment – 11.5%
- PennantPark Floating Rate Capital – 10%
- Main Street Capital – 7%
Chevron (CVX) International Business Machines (IBM) and Altria Group (MO) are some of the most trending Dividend Stocks. See how they compare to other companies such as AT&T (T) and Xerox (XRX).
The 790 million shares of Apple stock that Buffett and Berkshire now own would provide a $198 million quarterly dividend payment after the Apple hike, compared with the roughly $190 million quarterly it would have seen if Apple hadn't hiked the dividend.
Coca-Cola Company (NYSE:KO) has announced annual dividend increases over the past 62 years without a break, an achievement which has made it one of the safest dividend stocks in the market.
The only time Berkshire ever paid a dividend was in 1967. The payout was $0.10 per share. At the time, Berkshire had only one share class. "It was a terrible mistake," Buffet later conceded.
Which stock will boom in 2024?
| Stock Name | Sub-Sector | Share Price |
|---|---|---|
| Kotak Mahindra Bank Ltd | Private Banks | ₹1,690.10 |
| Tata Consultancy Services Ltd | IT Services & Consulting | ₹3,736.10 |
| Eicher Motors Ltd | Trucks & Buses | ₹4,742.95 |
| Coal India Ltd | Mining - Coal | ₹483.95 |
| Stock | Yield | Dividend Growth Streak |
|---|---|---|
| Johnson & Johnson (JNJ) | 3.4% | 62 |
| Walmart Inc. (WMT) | 1.3% | 51 |
| Procter & Gamble Co. (PG) | 2.4% | 68 |
| Colgate-Palmolive Co. (CL) | 2.1% | 62 |
- Johnson & Johnson (NYSE: JNJ) has been a favorite for income investors for decades. ...
- Target (NYSE: TGT) has been in business since 1902. ...
- Verizon Communications (NYSE: VZ) is the newbie on the list.
But the main reason Berkshire doesn't pay dividends is that Buffett is confident in his ability to allocate capital in a more profitable way. Even if Buffett thinks he can't make effective use of his cash reserves, he will choose a buyback plan to return capital to shareholders rather than dividends.
One of the key reasons for Coca-Cola's success as a long-term investment is its consistent dividend growth. In 1994, Berkshire Hathaway received a $75 million cash dividend from Coca-Cola. By 2023, that annual dividend had grown to $736 million.
Buffett's current vehicle, the 2014 Cadillac XTS that he has owned for approximately ten years, is a testament to his reputation for frugality. Despite his ability to afford any luxury car, Buffett drives a vehicle far from the flashy exotic cars one might associate with a billionaire.
| Company | Ticker | Current dividend yield |
|---|---|---|
| CME Group Inc. Class A | CME, +0.54% | 2.32% |
| Merck & Co. Inc. | MRK, -0.08% | 2.34% |
| JPMorgan Chase & Co. | JPM, -0.35% | 2.37% |
| Equitable Holdings Inc. | EQH, -1.98% | 2.37% |
Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account. This substantial amount is due to savings accounts' relatively low return rate.
- Monthly Dividend Stock #1: Realty Income. ...
- Monthly Dividend Stock #2: Main Street Capital. ...
- Monthly Dividend Stock #3: Agree Realty. ...
- Monthly Dividend Stock #4: STAG Industrial. ...
- Monthly Dividend Stock #5: RioCan. ...
- Monthly Dividend Stock #7: Gladstone Land.
| Symbol | Company name | Forward dividend yield (annual) |
|---|---|---|
| EFC | Ellington Financial | 12.89% |
| EPR | EPR Properties | 8.43% |
| APLE | Apple Hospitality REIT | 6.71% |
| O | Realty Income Corp. | 6.00% |
What are the 10 best stocks to buy right now?
| Company (ticker) | Analysts' consensus recommendation score | Analysts' consensus recommendation |
|---|---|---|
| Nvidia (NVDA) | 1.31 | Strong Buy |
| Amazon.com (AMZN) | 1.32 | Strong Buy |
| Emerson Electric (EMR) | 1.32 | Strong Buy |
| Microsoft (MSFT) | 1.33 | Strong Buy |
| Issuer Company | Symbol | Dividened Per Share |
|---|---|---|
| Sanofi India Ltd | SANOFI | 117.00 |
| VESUVIUS INDIA LTD | VESUVIUS | 12.75 |
| INDIAN METALS & FERRO ALLOYS LTD | IMFA | Special.Dividend |
| Visco Trade Associates Ltd | VISCO | 1.00 |
Dumping more than 100 million shares in a short time frame naturally leads to questions as to why. Buffett implied the sale was for tax reasons, possibly in anticipation of higher tax rates in future years.
Warren Buffett Has Sold His Paramount Stock: “We Sold it All, and We Lost Quite a Bit of Money”
In 2022, Berkshire Hathaway received $6.04 billion in dividend income, up from $5.06 billion in 2021 and $4.89 billion in 2020. Dividend stocks can create impressive total returns (price plus dividends) for investors over the long term.
