5 Best Dividend Stocks for Roth IRA

3. Rio Tinto Group (NYSE:RIO)

Number of Hedge Fund Holders: 22

Forward Dividend Yield: 10.13%   

Rio Tinto Group (NYSE:RIO) operates as a resource firm. It is one of the favorite resource stocks on Wall Street. Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Rio Tinto Group (NYSE:RIO) with 13.5 million shares worth more than $907 million. 

On March 26, UBS analyst Myles Allsop upgraded Rio Tinto Group (NYSE:RIO) stock to Neutral from Sell and raised the price target to GBP5,200 from GBP4,200, noting the risk/reward for the firm had improved amid supply disruptions of iron ore and steel from Russia.