It’s not easy trying to build a passive income stream these days. Thanks to still-historically low interest rates, savings accounts pay next to nothing. You don’t need to be a billionaire investor to earn dividend checks. There are plenty of apps that allow you to invest as much as you want for free. Here are three companies in Buffett’s portfolio that provide a particularly generous passive income stream to investors.
Verizon Communications (VZ) was a new addition to Buffett’s portfolio in 2021. And it’s a pretty chunky stake: At the end of Q3, Berkshire owned nearly 159 million shares of the telecom giant. When it comes to delivering recession-proof returns, few companies have done a better job than healthcare giant Johnson & Johnson (JNJ). Buffett has a sizable stake in a REIT called Store Capital (STOR). Store has a large portfolio consisting of investments in over 2,700 properties diversified across 49 states.
Source: Yahoo Finance
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