Nanalyze July 21, 2020
The larger a corporation becomes, the more processes are needed to control things, and sometimes you end up with a buzzword-laden monstrosity that’s nearly impossible to figure out. Warren Buffet often advises investors to “invest in what you know,” which is perhaps why IBM turned out to be one of his biggest investment mistakes. As longtime IBM shareholders, we always need to remind ourselves why we still hold the stock. It’s because of dividend growth.
IBM has not only paid a dividend for the past 25 years but increased that dividend every single year. Over the past 10 years, dividend growth has averaged 11.6% per year, handily outpacing inflation. It’s why IBM is one of the top-ten stocks to hold...