4 Warren Buffett-Approved Dividend Stocks to Buy Today
Warren Buffett's long-term performance in the stock market is unmatched. Since becoming CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, the company's stock has risen a staggering 2,419,900% and posted compound annual gains of more than 20% between 1965 and 2021.
One of Buffett and Berkshire's keys to success is leaning on dividend stocks during turbulent times. Owning dividend stocks provides Berkshire with a steady stream of income that it can pile back into stocks, letting time and the power of compound growth work in its favor. Over the next year, Buffett's company will collect $6 billion in dividend income.
If you're looking to generate passive income of your own, here's how you can evaluate dividend stocks, along with four Buffett-approved dividend stocks you can buy today.
Source Fool.com
