With a 4%+ yield, more than 20 consecutive years of dividend raises, and the possibility that shares are 23% undervalued, dividend growth investors may want to consider adding this “Big Dividend” stock to their portfolios.
The purchase advances the objectives of my real-money Dividend Growth Portfolio. The main goal is to build a reliable, steadily increasing stream of dividends over many years that can eventually be used as income for retirement.
Even Buffett himself has admitted that he’s made some blunders. And there’s a lesson to be learned from one of his biggest mistakes: It’s never too late. In today’s piece, I’ll explain exactly what that means – and how to apply that mindset to your own investing.
It’s already making investors a ton of money. In fact, it’s beaten the market by 1,440% over the last year. But it’s not done yet. The company is poised to deliver great earnings reports — and a soaring stock price — for years to come.