With the market now in bear territory, it's a good time to look for stocks trading at a discount, because over the long term you are likely to see good stocks recover relatively quickly and continue to appreciate. Long known as a company with volatile and inconsistent earnings, the investment banking giant Goldman Sachs (NYSE: GS) has raised its quarterly dividend a ton since 2019 and now boasts an attractive yield for dividend investors. Goldman hasn't always been known as a dividend stock, but with its latest announced increase, which isn't reflected in the chart above, the bank plans to raise its quarterly dividend from $2 per share to $2.50 starting in the third quarter.
Goldman Sachs (GS) forms an alliance with the leading provider of capital markets technology and derivatives execution services to regional and community banks, Derivative Path.
Warren Buffett and his company Berkshire Hathaway are highly regarded for their savvy investments, which have produced phenomenal returns over the years. In addition, Buffett and Berkshire are investing hundreds of billions of dollars for a wide array of shareholders and stakeholders, which makes their investing strategy much different from that of the average retail investor. During the earlier part of the pandemic in 2020 and 2021, Berkshire sold a number of stocks to prepare for the situation at hand and the new trajectory the world was on due to COVID.