3 Incredibly Cheap Dividend Stocks
The stock market rebounded nicely in 2023, with the benchmark S 500 delivering an exceptional total return of 26% year to date. As a result, many dividend-paying stocks have seen their dividend yields -- the ratio of a company's annual dividend to its share price -- fall to less attractive levels for income-seeking investors.
But not every stock has participated in the rally, so here are three dividend stocks that look incredibly cheap at current valuations heading into the new year.
Coca-Cola (NYSE: KO) is a longtime favorite stock of prolific investor Warren Buffett, who first purchased shares through Berkshire Hathaway in 1988. Berkshire Hathaway still owns stock of the beverage giant today, receiving $704 million in dividends in 2022 despite never buying another share after it completed its $1.3 billion investment in 1994.
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 7.97% compared to the current price of 602000.0 € for Berkshire Hathaway Inc. A.
