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Warren Buffett has a great quote on the importance of being patient: "The stock market is a device for transferring money from the impatient to the patient." This concept is never more important or germane than right now. Why? Well, volatility has been off the charts. And a lot of people get spooked by this volatility, selling out of stocks precisely when they should be buying stocks. But here's the thing.

The market has been in a downtrend for a while. And the impatient can't see past this short-term volatility. But long-term, patient investors are all too happy to scoop up quality assets on the cheap. Because they know what these assets are worth. This is even more true for long-term dividend growth investors, like me.

Price and yield are inversely correlated, all else equal. So lower prices result in higher yields. That's even more passive dividend income on the same invested dollar. Speaking of lower prices, some dividend growth stocks have been absolutely hammered recently. And these could be just the buying opportunities that patient, long-term dividend growth investors are looking for.

Today, I want to tell you about 5 dividend growth stocks that are down more than 20% from their recent highs. Check out the video for full details.

Video Length: 00:15:37

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