Stock dividend yields are a valuable measure when deciding where to allocate funds. Which high dividend yield US companies do billionaires in?
The iBillionaire Index (NYSE:BILLION) gives a good insight in a number of stocks that pay high dividends and are selected by billionaires, such as George Soros, Warren Buffett, Leon Cooperman and John Paulson. Below is the top 10:
|Company||Dividend yield||Symbol NYSE|
|Dow Chemical Company||2,96%||DOW|
|Wells Fargo & Company||2,50%||WFC|
|Coca Cola Enterprise||2,46%||CCE|
|The Gap Inc||2,10%||GPS|
|Motorola Solutions Inc||1,87%||MSI|
1. Transocean Ltd. (NYSE:RIG).
This offshore drilling services provider has a dividend yield of 5.62 and a price of $39.87, with a market capitalization of $14.38B. Carl Icahn, Leon Cooperman and David Tepper all have stakes in RIG.
2. General Motors (NYSE:GM).
The largest automaker in the United States, GM has a dividend yield of 3.34 and a price of $34.93, with a market cap of $55.53B. GM is in the portfolios of David Einhorn, David Tepper, George Soros, Warren Buffett, Leon Cooperman and John Paulson.
3. The Coca Cola Company (NYSE:KO).
This food and beverage giant has a dividend yield of 3.16 and a price of $38.55, giving it a market cap of $169.85B. KO is in the portfolios of Warren Buffett, Richard Chilton and Ray Dalio.
4. Dow Chemical Company (NYSE:DOW).
One of the largest producers of chemical products in the United States, Dow has a dividend yield of 2.96 at a price of $49.98. With a market capitalization of $60.69B, it is in the funds of Daniel Loeb, George Soros and Ray Dalio.
5. Wells Fargo & Company (NYSE:WFC).
One of the largest U.S. banking firms, Wells Fargo has a dividend yield of 2.50 and a price of $48.06, for a market capitalization of $252.94B. WFC is Warren Buffett’s largest non-Berkshire holding and is also in the investment portfolios of billionaires Richard Chilton, Bruce Berkowitz and George Soros.
6. Coca Cola Enterprises (NYSE:CCE).
The bottling partner of the Coca Cola Company in Western Europe and other select markets, CCE has a dividend yield of 2.46 and a price of $47.60, with a market cap of $12.07B. Tiger Global and Daniel Loeb have placed bets on this one.
7. Apple Inc. (NASDAQ:AAPL).
The largest public company in the world by market capitalization and the producer of leading technology products like the iPad, iPod and iPhone, Apple has a dividend yield of 2.28. Its shares are currently priced at $535.13, and its market cap is at $477.59B. David Einhorn, Carl Icahn, David Tepper, George Soros, Daniel Loeb and Tiger Global Management all have stakes in Apple.
8. The Gap Inc. (NYSE:GPS).
The apparel retailer behind brands like Old Navy, Gap and Banana Republic has a dividend yield of 2.10. With a market cap of $18.70B, its stock is currently priced at $41.94. Billionaire investors Edward Lampert, Steve Mandel, Tiger Global and Ray Dalio have positions in GPS.
9. International Business Machines (NYSE:IBM).
One of the most iconic IT companies in the world, IBM has a dividend yield of 2.04 and is priced at $186.15, for a market capitalization of $193.92B. It is in the investment portfolios of Warren Buffett, Ray Dalio and Richard Chilton.
10. Motorola Solutions Inc. (NYSE:MSI).
A provider of infrastructure, software and services for communication projects, Motorola has a dividend yield of 1.87 and a price of $66.31. Its market cap is $16.21B. Leon Cooperman, Tiger Global, George Soros and Ray Dalio have positions in MSI.