2024-06-04 08:10:00 ET
Summary
- Medtronic and Altria are two value stocks with long track records of raising dividends for over 25 consecutive years.
- Medtronic is a healthcare technology company with strong revenue growth and a safe dividend yield of 3.4%.
- Altria, despite challenges in the tobacco industry, offers an 8.5% dividend yield and potential upside from its e-vapor business and strategic investments.
There are many "Buffetisms" out there, and while most are familiar with his saying to "be greedy when others are fearful, and be fearful when others are greedy", I believe a more thoughtful and insightful statement of his is that "the market is designed to transfer wealth from the impatient to the patient."...
Read the full article on Seeking Alpha
For further details see:
I'm Buying Dividend Aristocrats With Up To 8.5% Yield