Reported 9 days ago
In the second quarter of 2024, Warren Buffett's Berkshire Hathaway sold 11 stocks, including significant reductions in Apple and Bank of America. Despite this activity, Chevron stands out as a compelling purchase for income investors, boasting a robust forward dividend yield of 4.58% and a history of 37 consecutive years of dividend increases. With potential growth driven by increasing oil demand and a planned acquisition of Hess, Chevron's appeal to income-focused investors remains strong.
Source: YAHOO