Buffett-Approved Dividend Stocks That Let You Sleep at Night

Warren Buffett is considered to be the greatest investor of all time.Since he bought a textile firm called Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) and turned it into a holding company in 1965 that would buy other businesses outright or take equity stakes in them, his company's stock has generated a compound annual growth rate of almost 20%, double the average annual return of the S&P 500 over that time.Berkshire Hathaway, however, doesn't pay dividends. Buffett has said many times that a company should pay its profits out to shareholders via dividends only if it can't find a way to reinvest that money profitably. And the returns Berkshire has delivered to shareholders make it clear that the Oracle of Omaha can almost always find better ways to use that money -- and generate higher share prices for shareholders -- than cash payouts.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool