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Looking for Growing Passive Income? Buy This Dividend Stock


Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) investment portfolio is worth nearly $347 billion, which positions it as one of the largest holding companies in the world. Unless you have a management team that knows what it's doing, it's impossible to grow a holding company to this level.

Fortunately, the company is led by Warren Buffett and Charlie Munger -- two of the greatest investors of all time. With the unmatched track records of these two famed stock pickers, it's worth evaluating whether any of Berkshire Hathaway's holdings could be a fit for your portfolio today.

Berkshire Hathaway's stake in the consumer staples company, Mondelez International (NASDAQ: MDLZ), is worth just $38 million, making it one of the company's smallest holdings. However, Mondelez could be an excellent stock for a dividend growth investor to buy and hold. Here's why. 

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Source Fool.com

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