5 Best High Dividend Stocks To Buy According To Billionaire Cooperman

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1. Ellington Financial Inc. (NYSE:EFC)

Omega Advisors’ Stake Value: $14,554,000

Percentage of Omega Advisors’ 13F Portfolio: 0.81%

Dividend Yield: 9.81%

Number of Hedge Fund Holders: 7

Ellington Financial Inc. (NYSE:EFC) is the highest yielding dividend stock to buy according to billionaire Cooperman. Ellington Financial Inc. (NYSE:EFC) is a financial investment company with a diverse portfolio including residential and commercial mortgage-backed securities, mortgage loans, consumer loans, collateralized loan obligations, non-mortgage and mortgage-related derivatives, equity investments in loan origination companies, among other opportunistic investments. Ellington Financial Inc. (NYSE:EFC) offers a dividend yield of 9.81%. 

Cooperman owns 760,000 shares in Ellington Financial Inc. (NYSE:EFC), worth $14.5 million.

You can also take a look at Billionaire Daniel Sundheim is Buying These 10 Tech Stocks and 20 Safe Dividend Stocks to Quit Your 9 to 5 Job.

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