Goldman Sachs is one of the best investment banking and securities firms in the world. It engaged in global investment banking, securities, investment management, and other financial services. Below we compiled a list of 10 dividend stocks Goldman Sachs likes. All companies have at least $40 billion market cap, dividend yield over 5%, and were in Goldman’s 13F portfolio at the end of June.
AT&T, Inc. (T): AT & T is a large telecommunications company providing telephone, internet and TV services. T has a dividend yield of 5.93% and Goldman had $477 million invested in the stock. It has a market cap of $172B, a P/E ratio of 8.79, and returned 4.61% since the beginning of this year. Jim Simons’ Renaissance Technologies had nearly $100 million invested in T shares.
Vodafone Group plc (VOD): Vodafone is a mobile communications company operating across the globe providing a range of communications services. VOD has a dividend yield of 5.28% and Goldman had $184 million invested in the stock. It has a market cap of $144B, a P/E ratio of 11.47, and returned 6.97% since the beginning of this year. Boykin Curry and Mason Hawkins both invested more than $200 million in VOD .
Total SA (TOT): Total SA is a France-based integrated international oil and gas company. TOT has a dividend yield of 6.38% and Goldman had $5.67 million invested in the stock. It has a market cap of $119B, a P/E ratio of 7.12, and lost 0.88% since the beginning of this year. Robert Rodriguez and Steven Romick invested $14 million in TOT shares.
GlaxoSmithKline (GSK): GlaxoSmithKline is global healthcare group. GSK has a dividend yield of 5.02% and Goldman had $61.9 million invested in the stock. It has a market cap of $109B, a P/E ratio of 21.83, and returned 14.73% since the beginning of this year. Ken Fisher had $500 million of GSK shares.
Verizon Communications Inc. (VZ): Verizon is a provider of communications services. VZ has a dividend yield of 5.41% and Goldman had $379 million invested in the stock. It has a market cap of $105B, a P/E ratio of 16.49, and returned 8.84% since the beginning of this year. Adage Capital and Jim Simons had over $100 million invested in VZ.
Telefonica, S.A. (TEF): Telefonica operates in the telecommunications, media and contact center industries. TEF has a dividend yield of 9.51% and Goldman had $3.52 million invested in the stock. It has a market cap of $94.7B, a P/E ratio of 2.36, and lost 5.25% since the beginning of this year. Jim Simons had $13 million of TEF stocks.
Sanofi-Aventis (SNY): Sanofi-Aventis is a global and diversified healthcare company discovers, develops and distributes therapeutic solutions focused on patients’ needs. SNY has a dividend yield of 5.29% and Goldman had $4.20 million invested in the stock. It has a market cap of $92.9B, a P/E ratio of 15.23, and returned 11.97% since the beginning of this year. Ken Fisher invested nearly $600 million in SNY shares.
Eni SpA (E): Eni is engaged in the oil and gas exploration and production, gas marketing operations, management of gas infrastructures, power generation, petrochemicals, oil field services and engineering industries. E has a dividend yield of 6.72% and Goldman had $8.52 million invested in the stock. It has a market cap of $83.6B, a P/E ratio of 9.04, and returned 2.28% since the beginning of this year. Jim Simons had over $10 million invested in E shares.
Altria Group Inc. (MO): Altria Group is the biggest cigarettes manufacturer in the world. MO has a dividend yield of 5.98% and Goldman had $388 million invested in the stock. It has a market cap of $56.8B, a P/E ratio of 16.62, and returned 16.48% since the beginning of this year. Tom Russo had $187 million invested in MO shares.
Eli Lilly & Co. (LLY): Eli Lilly and Company discovers, develops, manufactures and sells pharmaceutical products. LLY has a dividend yield of 5.16% and Goldman had $312 million invested in the stock. It has a market cap of $44.0B, a P/E ratio of 8.91, and returned 12.87% since the beginning of this year. Jim Simons invested $388 million in LLY stocks.
