The second stock that I would like to buy is BlackRock. You know, I have Blackstone in my portfolio and Blackstone are a little bit different. But then everybody knows BlackRock because they are huge ETFs. It makes up 78% of our portfolio. The revenues have been grown. I think they've nearly doubled over the last 10 years. A 10-year dividend growth rate is 11.63%. Over 10 years, these guys are at 114% which is quite decent.
In today's show we are discussing some high-quality dividend growth stocks we would like to focus on during a recession. These kind of topics are in our minds right now as it feels like we'll be longer for lower. On the other hand, some of those high quality dividend growth stocks have yet to come significantly down to lower multiples. Hence, it might not be easy and our chances might be limited. That's why doing your homework upfront is so important!
Having said that, we hope you enjoy your episode and see you on the inside!
Links referenced in the show: