2022-11-25 14:30:00

Looking for Growing Passive Income? Buy This Dividend Stock

Logo Nasdaq
Nasdaq
By The Motley Fool

Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) investment portfolio is worth nearly $347 billion, which positions it as one of the largest holding companies in the world. Unless you have a management team that knows what it's doing, it's impossible to grow a holding company to this level.

Fortunately, the company is led by Warren Buffett and Charlie Munger -- two of the greatest investors of all time. With the unmatched track records of these two famed stock pickers, it's worth evaluating whether any of Berkshire Hathaway's holdings could be a fit for your portfolio today.

Berkshire Hathaway's stake in the consumer staples company, Mondelez International (NASDAQ: MDLZ), is worth just $38 million, making it one of the company's smallest holdings. However, Mondelez could be an excellent stock for a dividend growth investor to buy and hold. Here's why.

Widely recognized brands and magnificent growth

Mondelez may not be a household name to consumers. However, it's a safe bet that most households are familiar with its legendary brands, which are sold in more than 150 countries around the world. These include Cadbury chocolate, Sour Patch Kids candy, Trident gum, and Oreo cookies. Thanks to these and many more timeless brands, Mondelez is a leader in numerous snack categories, such as cookies and crackers, chocolate, baked snacks, and gum and candy.

Continue read on nasdaq.com

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-25 10:06:00
Though there are a lot of great money managers, few can hold a candle to the Oracle of Omaha, Warren Buffett. Since becoming CEO of Berkshire Hathaway (NYSE:...

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-25 13:23:00
Every investor makes mistakes, even the great ones like Warren Buffett. Over his long investing career, the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B)...

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-19 12:40:00
With just about six weeks left in the year, Warren Buffett's company Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) looks poised to soundly beat the broader...

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-20 12:30:00
Given CEO Warren Buffett's straightforward investing advice and a long track record of huge returns, it's not surprising that investors closely follow...

Logo Nasdaq
TechnologyBy Zacks2022-11-25 11:20:07
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the iShares Russell Top 200 Growth ETF...

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-21 13:51:02
Warren Buffett is one of the greatest investors of our time, and his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), regularly beats the S&P...

Logo NewsFileCorp
Press Release2022-11-25 08:40:00
Wilmington, North Carolina--(Newsfile Corp. - November 25, 2022) - Lama Group Inc. announces the attraction of a certain number of Latvian bank investors'...

Logo Nasdaq
Business / FinanceBy Bnk Invest2022-11-25 14:30:02
We love dividend stocks because they pay us now. But hey, I'm greedy. And when I research income plays, I want more than just those payouts. I'm looking for...

Logo PR Newswire
VANCOUVER, BC, November 24, 2022 /CNW/ - B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce that its...

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-21 11:50:00
Soaring interest rates and the prospect of a global recession weighed on the stock market in 2022, especially on growth stocks. The S&P 500 index has...

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-22 10:37:00
If you want to invest like the pros, I've got some good news for you: Every three months, institutional investors need to disclose their trading activity....

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-18 10:41:00
Would you like a portfolio that can generate enough passive income to allow for a comfortable retirement? I'll let you in on a very poorly kept secret that...

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-24 13:15:00
Investors often turn to dividend stocks during periods of high inflation and slowing economic growth because of their reliability and stability. Such stocks...

Logo Nasdaq
TechnologyBy Zacks2022-11-25 11:20:05
The iShares Core S&P 500 ETF (IVV) was launched on 05/15/2000, and is a passively managed exchange traded fund designed to offer broad exposure to the...

Logo American Banker
Business / FinanceBy Jim Dobbs2022-11-23 15:15:36
Berkshire Hills Bancorp in Boston is investing billions of dollars in underserved communities, punctuating its commitment to solve environmental, social and...

Logo Nasdaq
Business / FinanceBy The Motley Fool2022-11-23 10:06:00
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett knows a thing or two about investing. Since he took the reins in 1965, Berkshire Hathaway's...

Logo PR Newswire
MONTREAL, Nov. 25, 2022 /CNW Telbec/ - National Bank Investments Inc. (‟NBI") announced today the estimated annual reinvested capital gains to be paid for...

Logo Nasdaq
TechnologyBy Zacks2022-11-25 09:31:00
Here are three stocks with buy rank and strong income characteristics for investors to consider today, November 25th: Prospect Capital Corporation PSEC :...

Logo Nasdaq
TechnologyBy Zacks2022-11-25 12:55:00
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 25th: Inter Parfums, Inc. IPAR : This...

Logo Benzinga
Business / FinanceBy Benzinga Insights2022-11-24 17:34:05
Albemarle ALB has outperformed the market over the past 20 years by 8.13% on an annualized basis producing an average annual return of 15.74%. Currently,...