6 of Warren Buffett's Top Stocks Are Very Safe Q4 Buys With Big, Dependable Dividends

Kroger also manufactures and processes food products for sale in its supermarkets and online, and it sells fuel through 1,613 fuel centers. As of January 29, 2022, the company operated 2,726 supermarkets under various banner names in 35 states and the District of Columbia.

The company posted strong second-quarter earnings results and management rewarded investors by raising the dividend by a stunning 24%.

Shareholders now receive a 2.34% dividend. The $75 BofA Securities target price is well above the $54.97 consensus target for Kroger stock. The last trade on Wednesday was reported at $45.45 a share.


This consumer sector giant makes good sense for conservative investors. Mondelez International Inc. (NASDAQ: MDLZ) manufactures and markets snack food and beverage products worldwide. It offers biscuits, including cookies, crackers and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products.

Its primary brand portfolio includes LU, Nabisco and Oreo biscuits; Cadbury, Cadbury Dairy Milk and Milka chocolates; Trident gum; Jacobs Kaffee; and Tang powdered beverages.

Mondelez sells its products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, gasoline stations, drug stores, value stores and other retail food outlets through direct store delivery, company-owned and satellite warehouses, distribution centers and other facilities, as well as through independent sales offices and agents.

Mondelez stock investors receive a 2.61% dividend. The Bernstein price target is $79. The $73.06 consensus target is also well above the most recent close at $58.14 a share.

Procter & Gamble

The company offers a very solid dividend as well as a host of recognizable products. Procter & Gamble Co. (NYSE: PG) is one of the world’s largest consumer products companies and one of the oldest in the Fortune 500. Its many brands include Pampers, Tide, Bounty, Charmin, Gillette, Oral B, Crest, Olay, Pantene, Head & Shoulders, Ariel, Gain, Always, Tampax, Downy and Dawn.

The company sells its products through mass merchandisers, e-commerce, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, baby stores, specialty beauty stores, high-frequency stores and pharmacies. The company has been very innovative in its product development process and uses that to help ensure future growth and cash flow. This should provide investors years of steady growth and dividends.

Shareholders receive a 2.69% dividend. Procter & Gamble stock has a $160 price objective at Wells Fargo. The consensus target is $155.51, and shares were last seen on Wednesday trading at $131.98.

While not invincible, these top Buffett holdings surely will hold up better than many other stocks for the rest of 2022 and into next year. The stock market currently has some big downside potential, and playing it safe just makes sense until the Federal Reserve is done raising interest rates, which may not be until the first quarter of 2023. Remember, “don’t fight the Fed” as rates are headed decidedly higher.

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