5 Dividend Stocks to Buy According to Billionaire Jeffrey Talpins

1. The Kraft Heinz Company (NASDAQ:KHC)

Number of Hedge Fund Holders: 39
Element Capital Management’s Stake Value: $18,290,000
Dividend Yield as of March 9: 4.09%

The Kraft Heinz Company (NASDAQ:KHC)’s current quarterly dividend stood at $0.40 per share, with a dividend yield of 4.09%, as of March 9.

This February, Stifel called The Kraft Heinz Company (NASDAQ:KHC)’s growth outlook ‘encouraging’, and raised its price target on the stock to $41, with a Hold rating on the shares. The Kraft Heinz Company (NASDAQ:KHC) accounted for 1.17% of Jeffrey Talpins’ portfolio in Q4 2021, as his hedge fund held stakes worth over $18 million in the company.

Warren Buffett’s Berkshire Hathaway was the largest shareholder of The Kraft Heinz Company (NASDAQ:KHC) in Q4, holding stakes worth roughly $11.7 billion. Overall, 39 hedge funds tracked by Insider Monkey held stakes in the Chicago-based company in Q4, up from 33 in the previous quarter. These stakes are worth over $12.2 billion.

You can also take a look at 10 Best Dividend Stocks to Buy Under $20 and 10 Best Monthly Dividend Stocks with High Yields

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