Warren Buffett’s Top 10 Dividend Stocks
By: Ned Piplovic,
8. Phillips 66 (NYSE: PSX)
Its dividend payout increased every year since 2012 when Phillips 66 spun off from ConocoPhillips (NYSE: COP). Since then, Phillips 66 has performed considerably better than its former parent company. PSX’s stock price closed at $80.55 on September 30, 2016, which is 15 percent lower than the all-time high of $94.15 from October 2015.
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9. General Electric (NYSE: GE)
The company’s dividend has been increasing every year since a 68 percent decline in 2009. Prior to that drop, the dividend increased six fold between 1992 and 2009. The stock lost 85 percent of its value between the all-time high in July 2000 and February 2009. However, the share price increased 253 percent since then and closed at $29.62 on September 30, 2016.
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Ned Piplovic
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Ned Piplovic, formerly an assistant editor of website content at Eagle Financial Publications, is an economic analyst and editor at Skousen Publishing. Additionally, Ned is also a teaching assistant at Chapman University to Mark Skousen, PhD, a free-market economist and Doti-Spogli Endowed Chair of Free Enterprise at the school. Ned graduated from Columbia University with a bachelor’s degree in Economics and Philosophy. He previously spent 15 years in corporate operations and financial management. Ned has written hundreds of articles for www.DividendInvestor.com and www.StockInvestor.com.
