5 High Dividend Stocks Picked By Billionaire Gabelli

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1. Newmont Corporation (NYSE:NEM)

GAMCO Investors’ Stake Value: $39.5 million
Percentage of GAMCO Investors’ 13F Portfolio: 0.33%
Number of Hedge Fund Holders: 55
Dividend Yield: 3.87%

Newmont Corporation (NYSE:NEM) is a Colorado-based materials company involved in the production and exploration of precious metals and minerals, including gold, silver and zinc, among others. The company ranks second on our list of the 11 best dividend aristocrats with over 3% yield.

This September, KeyBanc analyst Adam Josephson initiated coverage of Newmont Corporation (NYSE:NEM) with a Sector Weight rating on its shares.

You can also take a look at 10 Best Undervalued Stocks to Buy Now According to Reddit and 10 Best Undervalued Dividend Stocks to Buy Now.

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