5 Best High Dividend Stocks to Buy According to Billionaire Lee Cooperman

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1. First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD)

The direct lender First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) is a permanent member of Lee Cooperman’s stock portfolio since 2010. The company offers a dividend yield of more than 9.79% with a quarterly dividend of $0.10 per share. Moreover, its stock price surged 12% since the beginning of 2020. Omega Advisors held 2.8 million shares of First Eagle Alternative Capital at the end of the latest quarter, accounting for 0.75% of the overall portfolio. First Eagle Alternative Capital seeks to invest in debt and equity securities of middle-market companies.

You can also take a peek at George Soros’ Top 10 Stock Picks and 15 Most Valuable Cloud Computing Companies.

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