Published on 5 Apr 2024 on Insider Monkey via Yahoo Finance

13 Best Warren Buffett Dividend Stocks To Invest In Right Now

In this article, we will take a detailed look at the 13 Best Warren Buffett Dividend Stocks To Invest In Right Now. For a quick overview of such stocks, read our article 5 Best Warren Buffett Dividend Stocks To Invest In Right Now.

Dividend stocks have posted lackluster performance over the past several years when compared to the broader market. The tech revolution caused investors to fixate their attention around growth stocks. Because of this income stocks apparently started losing their shine and popularity among the broader markets. For example, The S&P 500 High Dividend Index, which tracks the performance of 80 high dividend-yielding companies within the S&P 500 Index, is down about 0.76% year to date in 2024, compared to the S&P 500's return of about 9.88%. Over the past five years the index returned 0.88% (annualized) while the broader S&P 500 returned 12% (annualized) during the same period. But investors don't put their money in dividend stocks for stock price gains. Analysts believe that the real power of dividend investing comes to light when seen in the context of market dips, inflation and crashes. After all there's a reason why one would invest in stable dividend-paying companies; no one would put their money in slow-moving dividend stocks if growth stocks or non-dividend companies posted guaranteed returns in all market cycles. Dividend stocks provide hedge against inflation and market turbulence.

Should You Invest in Dividend Stocks in 2024?