Microsoft cofounder Bill Gates is the richest man in the world, with an estimated net worth of $86 billion, according to Forbes. He's also one of the world's largest philanthropists, running the Bill & Melinda Gates Foundation alongside his wife. The activities of the foundation are funded by a trust, which holds investment assets donated by Gates. (The trust also receives donations from fellow billionaire Warren Buffett.) For his own benefit, Gates has Cascade Investment, his personal wealth management firm, headed up by Michael Larson. If steady income is important to the health of your portfolio, you could do worse than follow the lead of Gates. After sifting through the publicly disclosed holdings in the billionaire's personal and charitable portfolios, we identified five of the most attractive dividend stocks owned by Bill Gates...
Ecolab (ECL) provides water treatment and other industrial-scale maintenance services for the oil and gas industry. Shipping giants UPS (UPS) and FedEx (FDX) have long enjoyed a wide moat that protects them from would-be competitors. Walgreens (WBA) has boosted its dividend every year since 1975. It merged with Alliance Boots in 2014 to form the current company. The Gates trust own nearly 12 million shares of the world's largest retailer WalMart (WMT). Waste Management’s (WM) revenues aren’t particularly sensitive to economic cycles for one simple reason: There will always be garbage.
Source: Kiplinger
Related Articles:
- 5 Dividend Stocks To Buy And Hold, Not Buy And Forget
- All Investments Carry Risk
- Warren Buffett's Two Investing Rules For Dividend Investors
- Dividend Stocks vs. Dividend ETFs
- Managing Risk With Dividend Stocks
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
These days, the healthcare stocks are looking pretty healthy compared to stocks in other spaces. Despite political pressures about lowering ...
-
Nothing makes life easier for an investor than finding the kind of stocks where you can park money for a long, long time, trusting that they...
-
These three dividend aristocrats have beaten the market during the three most recent pullbacks. They've also outperformed in 2019. There...
-
As the sun sinks on another summer and Labor Day taunts with the pitiful proposition of just 24 hours less work, it stands to reason that so...
-
In Five High-Dividend Stocks You Should Watch, we discussed five dividend stocks, including MLPs, trading at yields above 11%. In this artic...
-
The past decade has rewarded investors with remarkable returns, but investors might not want to underestimate the odds that an economic rece...
-
This company recently released solid second quarter earnings. The mortgage REIT once again outearned its dividend with core earnings in Q2-2...
-
This company released Q2-2019 results recently. The results beat both revenue and earnings estimates. It reported decreasing earnings on the...
-
Conservative investors should adopt the same precautions toward monthly dividend stocks as you would any income-generating investment. For i...
-
As a risk-averse income investor, I always approach double-digit yielders with caution. The reason is simple: when most blue-chip companies ...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.