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Warren Buffett appreciates that dividend-paying companies typically generate sufficient income to support their operations and dividend payments.
Fool.com contributor Parkev Tatevosian selects one dividend stock from Warren Buffett's Berkshire Hathaway portfolio that will make an excellent purchase for passive income investors.
*Stock prices used were the afternoon prices of Dec. 28, 2023. The video was published on Dec. 30, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends the following options: long January 2024 $47.50 calls on Coca-Cola. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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