Dividend Stocks Warren Buffett Is Backing In 2022


Warren Buffett is a philanthropist and investor from the United States. Berkshire Hathaway, a multinational business, currently employs him as chairman and CEO. Buffett has a net worth of about $117 billion as of March 2022, making him the world’s sixth wealthiest person. Value investing is an investment technique that focuses on companies with low profit and asset multiples and cheap valuation indicators. Berkshire Hathaway, Buffett’s investment firm, focuses on technology and finance stocks. Apple Inc., The Coca-Cola Company, Verizon Communications, and Chevron Corporation are among its biggest interests.

Insider Monkey picked dividend stocks that Warren Buffett is backing in 2022. The company’s revenue was $20.9 billion, which was $2.2 billion higher than expected. In the last six months, Wells Fargo & Company has likewise gained 7%. Berkshire Hathaway owns 675,054 shares worth more than $30 million in the company. Bank of America Corporation is a financial services holding company and investment bank. The company has increased its dividend for the past eight years, making it one of Warren Buffett’s most dependable dividend investments for 2022. Berkshire Hathaway’s net income more than doubled to $89.8 billion in the fourth quarter. The Proctor & Gamble Firm is a consumer staples company that sells branded consumer packaged goods under the names Olay, Old Spice, Pantene, and a number of other trademarks. In the fiscal second quarter of 2022, the company’s EPS was $1.66, exceeding projections by $0.01. Bank of America Corporation has reinstated Johnson & Johnson’s Neutral rating. According to its 13F holdings, Berkshire Hathaway owns 327,100 shares in the company. It’s one of Warren Buffett’s favorite dividend picks for 2022. The Bank of New York Mellon Corporation is a holding corporation for investment banking services situated in New York. Buffett’s investment portfolio contains 1.26 percent of the company, and it is also one of the dividend stocks Warren Buffett is favoring in 2022. For more details, click 10 Dividend Stocks Warren Buffett Is Backing In 2022.