5 Best Dividend Stocks to Buy According to Billionaire David Tepper

Page 5 of 5

1. Enterprise Products Partners L.P. (NYSE: EPD)

Tepper’s Stake Value: $71,253,000

Percentage of David Tepper’s 13F Portfolio: 1.02%

Dividend Yield: 7.23%

No. of Hedge Fund Holders: 26

Enterprise Products Partners L.P. (NYSE: EPD) is a US-based midstream natural gas and crude oil pipeline company. The company acquired GulfTerra in 2004 and ranked 105th in the 2018 Fortune 500 list of the largest American corporations by total revenue. Enterprise Products Partners L.P. (NYSE: EPD) ranks 1st on our list of the top 10 dividend stock picks by David Tepper.

Enterprise Products Partners L.P. (NYSE: EPD) released its last earnings report a month ago, and since then its shares had added 3.9% as of June 2nd. The stock thus managed to outperform the S&P 500 and currently has 12 ‘By’ recommendations from trading analysts.

Enterprise Products Partners L.P. (NYSE: EPD) gained 29.57% year to date and has a market value of $54.6 billion. 

See also: 10 Best Dividend Stocks Under $20 and 10 Best Healthcare Dividend Stocks.

Page 5 of 5