---
title: "4 Warren Buffett Blue-Chip Dividend Stocks Baby Boomers Can Buy and Hold Forever"
description: "Warren Buffett's blue-chip dividend stocks are ideal for retired baby boomers seeking income over stock appreciation. With a long history of market outperformance, these stocks offer stability and gro"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/233765843.md"
published_at: "2025-03-30T12:14:26.000Z"
---

# 4 Warren Buffett Blue-Chip Dividend Stocks Baby Boomers Can Buy and Hold Forever

> Warren Buffett's blue-chip dividend stocks are ideal for retired baby boomers seeking income over stock appreciation. With a long history of market outperformance, these stocks offer stability and growth potential. Notable picks include Chevron, which has a 4.38% dividend and is acquiring Hess Corp., and Coca-Cola, with a 2.82% dividend. Both companies are rated as 'Buy' by top Wall Street firms, making them attractive options for long-term investment.

**While many** baby boomers have enjoyed a long bull market over the past 35 years, there is a point when income becomes more critical than stock appreciation. The reason is simple: those who leave their careers to enjoy a well-deserved retirement lose the benefit of a regular salary and benefits associated with their jobs, like 401(k) matching and company-paid healthcare. In addition, many baby boomers take advantage of their retirement years to travel and enjoy the rewards they have worked to achieve for a lifetime.

-   The persistent sticky inflation means baby boomers need to have a modicum of portfolio growth.
    
-   Blue chip dividend stocks are a solid bet in a pricey stock market.
    
-   Warren Buffett blue-chip dividend stocks are typically among the safest ideas for boomers.
    
-   Should any of Buffett’s Berkshire Hathaway stocks be in your portfolio? Why not set up a meeting with a financial advisor near you and find out? Click here to get started today. (Sponsored)
    

**If any investor** has stood the test of time, it’s Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world, and his annual Berkshire Hathaway shareholders meeting draws thousands of loyal fans who are investors. Berkshire Hathaway has a long history of beating the market. Over the past 20 years, Berkshire Hathaway delivered an average annual return of 12.1%, compared to the S&P 500’s 11.5%

**That kind** of performance and stability make Buffett’s blue-chip dividend stocks perfect for baby boomers. Four of the companies offer outstanding entry points and will continue to deliver their quarterly dividends for years to come. Plus, all are Buy-rated at top Wall Street firms that we cover.

## **Why do we cover Buffett stocks?**

**There are** few investors with the results and the reputation Buffett has garnered over the past 50 years, and while investing has changed over the previous half-century, buying good companies with products and services that are known worldwide while paying dividends will always stay in style.

## Chevron

**This integrated** giant is a safer option for investors looking to position themselves in the energy sector. It pays a hefty 4.38% dividend, which was recently raised by 5%. Chevron Corp. (NYSE: CVX) engages in integrated energy and chemicals operations worldwide through its subsidiaries. It operates in two segments.

**The Upstream** segment is involved in the following:

-   Exploration, development, production, and transportation of crude oil and natural gas
-   Processing, liquefaction, transportation, and regasification associated with liquefied natural gas
-   Transportation of crude oil through pipelines; and transportation, storage
-   Marketing of natural gas, as well as operating a gas-to-liquids plant

**The Downstream** segment engages in:

-   Refining crude oil into petroleum products
-   Marketing crude oil, refined products, and lubricants
-   Manufacturing and marketing renewable fuels
-   Transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car
-   Manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives

**It also involves** cash management, debt financing, insurance operations, real estate, and technology businesses.

**Chevron announced** in late 2023 that it has entered into a definitive agreement with Hess Corp. (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The transaction’s total enterprise value, including debt, is $60 billion. The Federal Trade Commission approved the deal last October, and it should close soon.

**Jefferies has** a Buy rating and a price target of $197.

## Coca-Cola

**This company** remains a top long-time holding of Buffett. He owns a massive 400 million shares and pays a dependable 2.82% dividend. Coca-Cola Co. (NYSE: KO) is the world’s largest beverage company, offering consumers more than 500 sparkling and still brands.

**Led by Coca-Cola,** one of the world’s most valuable and recognizable brands, the company’s portfolio features 20 billion-dollar brands, including:

-   Diet Coke
-   Coca-Cola Light
-   Coca-Cola Zero Sugar
-   Caffeine-free Diet Coke
-   Cherry Coke
-   Fanta Orange
-   Fanta Zero Orange
-   Fanta Zero Sugar
-   Fanta Apple
-   Sprite
-   Sprite Zero Sugar
-   Simply Orange
-   Simply Apple
-   Simply Grapefruit
-   Fresca
-   Schweppes
-   Dasani
-   Fuze Tea
-   Glacéau Smartwater
-   Glacéau Vitaminwater
-   Gold Peak
-   Ice Dew
-   Powerade
-   Topo Chico
-   Minute Maid

**Globally,** it is the top provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Recently, the company announced a new probiotic brand called Simply Pop aimed at the health-conscious Gen Z crowd. The company said Simply Pop contains 6g of prebiotic fiber “to support gut health,” along with Vitamin C and Zinc to “aid immune function.” The drinks, sold in 12-ounce cans, will be available in five flavors: strawberry, pineapple mango, fruit punch, lime, and citrus punch.

**Through** the world’s most extensive beverage distribution system, consumers in more than 200 countries enjoy the company’s beverages at a rate of more than 1.9 billion servings a day. It’s also important to remember that the company owns 16.7% of Monster Beverage Corp. (NASDAQ: MNST), which continues to deliver big numbers.

**UBS has** a Buy rating with a $78 target price.

## Diageo

**This Buffett pick** is one of the largest producers of alcoholic beverages in the world and pays a solid 3.84% dividend. Diageo PLC (NYSE: DEO) produces, markets, and sells alcoholic beverages worldwide.

**It offers:**

-   Scotch whiskey, gin, vodka, rum, beer and spirits
-   Irish cream liqueurs
-   Wine, Raki, tequila, Canadian and American whiskey
-   Cachaça and brandy, as well as adult beverages and ready-to-drink products

**The company’s** premium brands comprise Johnnie Walker, Smirnoff, Captain Morgan, Baileys, Tanqueray, and Guinness.

**Its reserve** brands include:

-   Johnnie Walker Blue Label
-   Johnnie Walker Green Label
-   Johnnie Walker Gold Label 18-year-old
-   Johnnie Walker Gold Label Reserve
-   Johnnie Walker Platinum Label 18-year-old
-   John Walker & Sons Collection
-   Johnnie Walker The Gold Route
-   Johnnie Walker The Royal Route

**Johnnie Walker** super premium brands: The Singleton, Cardhu, Talisker, Lagavulin, and other malt brands.

**Bank of America** Securities has a Buy rating and a $136 target price.

## Kraft Heinz

**Even in bad** times, everybody has to eat, and this company always stands to benefit while paying a tremendous 5.46% dividend. Kraft Heinz Co. (NYSE: KHC) was formed via the merger of H.J. Heinz and Kraft Foods.

**The company** is a leading global food company with estimated annual revenues in excess of $25 billion from well-known brands such as Kraft, Heinz, Oscar Meyer, and Maxwell House.

**Kraft Heinz** is North America’s third-largest food and beverage manufacturer. It derives 76% of its revenues from that market and 24% from International.

**The company’s** additional brands include:

-   ABC
-   Capri Sun
-   Classico
-   Jell-O
-   Kool-Aid
-   Lunchables
-   Ore-Ida
-   Philadelphia
-   Planters
-   Plasmon
-   Quero
-   Weight Watchers
-   Smart Ones
-   Velveeta

Bank of America Says Stocks Could Drop 40%: 5 Safe Large-Cap Dividend Stocks That Will Survive

The post 4 Warren Buffett Blue-Chip Dividend Stocks Baby Boomers Can Buy and Hold Forever appeared first on 24/7 Wall St..

### Related Stocks

- [HES.US - Hess](https://longbridge.com/en/quote/HES.US.md)
- [CVX.US - Chevron](https://longbridge.com/en/quote/CVX.US.md)
- [BRK.B.US - Berkshire Hathaway B](https://longbridge.com/en/quote/BRK.B.US.md)
- [BRK.A.US - Berkshire Hathaway](https://longbridge.com/en/quote/BRK.A.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
