SU - 3 Dividend Stocks Warren Buffett Would Approve Of
Warren Buffett is an icon in the investing world and many investors try to mimic his strategy when picking stocks. With a focus on value and dividends, Buffett's investing approach is well suited for conservative, long-term investors who have a lot of patience. The three stocks listed below are all picks that are in accordance with his line of thinking: They have strong businesses, pay dividends, and are reasonably valued.
National HealthCare (NYSEMKT: NHC) provides nursing facilities for patients and seniors in need of care. The company offers a wide range of services, including rehabilitation services, nutrition services, and occupational therapy. It has locations in 10 states and with 75 skilled nursing centers and 24 assisted living communities, the company is in a great position to take advantage of an aging demographic in the U.S.
Not only does the company have a solid business that's likely to continue to grow, but it's also a great deal as well. The stock would appeal to a value investor like Buffett as it trades at a very reasonable 18 times earnings and just 1.7 times its book value.