What could be better than a booming business that feeds an ever-growing dividend?
How about a “wide moat” to protect the payout’s upward trajectory? We’ll rank five dividend growers and their competitive advantages in a minute. First, let’s talk about disruption.
Tesla (TSLA) CEO and “Chief Disrupter” Elon Musk recently stormed the castle of investing theory when he challenged the importance of moats – the idea of corporate competitive advantages that make it difficult for other companies to whittle away market share.
It’s a skirmish that brought longtime “wide moats” pitchman Warren Buffett into the fray, as the Berkshire Hathaway (BRK.B) CEO and Musk had sparring words for one another.…