Warren Buffett Made More Than $1 Billion in Dividends From These 2 Stocks in 2022
Warren Buffett is an investing legend because his holding company, Berkshire Hathaway, has beaten the market by a wide margin over a long period of time. He also has sage advice that he gives out freely, and some great quips that investors live by.
One of his favorite investing features is dividends. Companies that pay dividends are typically well-established industry leaders that are highly focused on cash generation and shareholder value, and while they're not usually growth stocks, these qualities lead to steady long-term gains for investors. Plus, if you start investing early and reinvest your dividends, compounding turns them into incredible assets.
Buffett mentioned two of his favorite stocks in his most recent shareholder letter, sharing how they contributed more than $1 billion to the portfolio in 2022 alone. Let's examine how this works and why these two great companies are still investment-worthy choices.
Source Fool.com