"I've always been a fan of dividend stocks, and whether you buy them for an income stream or the upside, they do not disappoint. The right dividend stocks often carry an ideal balance of income and price appreciation. It isn't too difficult to find dividend stocks to buy, but it is a different story if you want to hold them forever. Then you need to understand the business and ensure it has stable fundamentals to keep going in different market conditions."
"The multinational energy company is Berkshire Hathaway Inc.'s ( NYSE: BRK-B) favorite stock and forms 5.8% of the portfolio. Chevron operates integrated energy businesses across the world and is a safe option for investors who want a bite of the energy sector. CVX stock has a yield of 4.27% and has raised dividends for 38 years. It has a payout ratio of 86.01% and an annual payout of $6.84. Its dividend yield is above the industry average of 3.2%."
Dividend stocks can provide both income and price appreciation when companies maintain stable fundamentals. Chevron, Procter & Gamble, and Coca-Cola are identified as strong dividend payers with potential to remain long-term holdings. Chevron reported third-quarter earnings of $3.5 billion, a 21% year-over-year jump in production per day, and cash flow from operations of $9.4 billion. Chevron's stock yields 4.27%, has raised dividends for 38 years, carries a payout ratio of 86.01% and an annual payout of $6.84, and expects free cash flow growth above 10% annually through 2030 at $70 oil.
Read at 24/7 Wall St.
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