This Warren Buffett Stock Just Increased Its Dividend
There is something to be said about the old adage, "less is more." As investors, oftentimes, it can be tempting to take out your figurative magnifying glass and look for the next needle in a haystack. While financial analysis can be entertaining, albeit arduous, this approach can be precarious. It's easy to convince yourself that you've found an undervalued gem that is going to generate market-beating returns.
A lot of times, the obvious answer is staring you right in the face. Typically, blue chip stocks are safe, reliable investments. This hypothesis is what has separated Berkshire Hathaway founder Warren Buffett for decades. Buffett is a longtime advocate of companies that generate steady cash flows and pay dividends.
One of his most successful investments is the Coca-Cola Company (NYSE: KO), of which he owns nearly 9% and is the company's largest shareholder.
Source Fool.com
