Author: Marc Lichtenfeld, Wealthy Retirement

The legendary investor bought more shares in December and now owns 28% of the company.

One provides income AND safety for your portfolio… the other produces income only.

Let’s not be as naive as we were in 1996…

Generally speaking, it pays to listen to what the markets tell you — they’re a good barometer of what is likely to happen.

Given the company’s low payout ratio and its strong track record of 14 straight years of dividend increases and 44 straight years without a dividend cut, the current dividend is very safe.