5 Best Dividend Stocks to Buy According to Billionaire Izzy Englander

1. FS KKR Capital Corp. (NYSE: FSK)

Englander’s Stake Value: $1,347,000
Percentage of Izzy Englander’s 13F Portfolio: 0.001%
Dividend Yield: 10.96%
Number of Hedge Fund Holders: 15

FS KKR Capital Corp. (NYSE: FSK) is a business development company focusing on investments in fixed-income securities. It was founded in 2007 and is placed first on the list of 10 best dividend stocks to buy according to billionaire Izzy Englander. FS KKR Capital stock has returned 51.02% to investors over the course of the past four weeks.

On May 10, FS KKR Capital declared a quarterly dividend of $0.60 per share, in line with the previous. With a dividend yield of 10.96% and a market cap of $6.14 billion, FS KKR is one of the best dividend stocks to buy based on Izzy Englander’s Q1 portfolio. On May 10, FS KKR Capital announced its Q1 2021 total investment income of $151 million, down 15.6% YoY, beating the estimates by $1.18 million.

Millennium Management trimmed its stake in the stock by around 47% to 67,903 shares in the first quarter of 2021. Out of the hedge funds being tracked by Insider Monkey, Beach Point Capital Management is a leading shareholder in FS KKR Capital Corp. (NYSE: FSK) with 2.42 million shares worth $48.03 million.

You can also take a peek at Billionaire Andreas Halvorsen’s Top Stock Picks and Billionaire Lee Ainslie’s Top 10 Stock Picks. 

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