Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
There’s a reason why Warren Buffett loves insurance stocks. They offer a built-in portfolio of cash that can be used for plenty of investing purposes. This ‘float’ is an amazing tool for building wealth. For our latest Best Dividend Protection Stocks Model Portfolio pick, its float has been a major source of dividends for decades!
Our pick is an underwriter of insurance. But our pick isn’t providing health or auto insurance. It writes A&D and supplemental insurance policies designed to protect clients in the case of emergencies and hospitalizations. It’s an amazingly profitable business and our pick’s strength in underwriting has helped it produce top results.
The best part is our pick has been able to use its premiums to generate plenty of ‘float’ and invest those profits accordingly. And thanks to its conservative management, that portfolio has continued to grow steadily throughout the years.
With plenty of cash flows and nearly 40 years worth of dividend increases behind it, our pick makes an ideal selection for conservative investors. Watch for when the stock goes ex-dividend on Wednesday, August 18 (estimated date).
You can check out the Best Dividend Protection Stocks Model Portfolio to explore all the stocks.