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Bill Gates’ 16 Dividend Stocks To Buy

In this article, we will take a detailed look at Bill Gates’ 16 Dividend Stocks To Buy. For a quick overview of such stocks, read our article Bill Gates’ 5 Dividend Stocks To Buy.

The era of low interest rates did not bode well for dividend investing as investors preferred to pile into growth stocks instead of dividend-paying equities. Especially after the 2008 financial crisis ended, dividend stocks’ contribution to overall market returns declined. A Wall Street Journal report said that US stocks with dividend yields above 5% returned 450% since the end of 2008, compared the 640% gain posted by the broader S&P Composite 1500. On the other hand, companies that do not pay dividends have posted gains of about 1500%. But since the Federal Reserve started increasing interest rates and speculation of a “higher for longer” scenario becomes relevant, investors are starting to pay attention to dividend stocks.

The WSJ report also quoted Daniel Peris, the portfolio manager at investment banking company Federated Hermes, who said in his book “The Ownership Dividend” that the trend in which dividend stocks lost their mojo amid low interest rates was temporary as he believes the pendulum is about to swing in the favor of dividend stocks.

But does all dividend stocks worth your attention? As you will see in this article, smart investors and billionaires prefer high-quality dividend stocks with low volatility and strong businesses. The WSJ report said investing in dividend stocks with low volatility has outperformed other notable investment strategies about 60% of the time since 1998.

Methodology

For this article we scanned the Q4’2023 portfolio of Bill & Melinda Gates Foundation Trust and chose its top dividend stocks picks. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).

16. Hormel Foods Corp (NYSE:HRL)

Bill Gates’ Stake: $70,490,762

With a dividend yield of about 3.7%, Hormel Foods Corp (NYSE:HRL) ranks 16th in our list of the top dividend stocks in Bill Gates’ portfolio as of the end of 2023.

Bill & Melinda Gates Foundation owns a $70 million stake in Hormel Foods Corp (NYSE:HRL).

15. Danaher Corp (NYSE:DHR)

Bill Gates’ Stake: $86,289,820

Earlier this month Danaher Corp (NYSE:DHR) increased its dividend by a whopping 12.5%.

As of the end of the fourth quarter of 2023, 90 hedge funds out of the 933 funds in Insider Monkey’s database had stakes in Danaher Corp (NYSE:DHR). The most notable stake in Danaher Corp (NYSE:DHR) is owned by Ken Fisher’s Fisher Asset Management which owns a $978 million stake in Danaher Corp (NYSE:DHR).

Headwaters Capital Management stated the following regarding Danaher Corporation (NYSE:DHR) in its fourth quarter 2023 investor letter:

Danaher Corporation’s (NYSE:DHR) acquisition offer for ABCM was approved by shareholders on 11/6/23. Shareholders approved the deal based on trough fundamentals (potential China weakness) and trough valuation (the broader market bottomed on 10/27). DHR took advantage of broader market fears and mis-aligned management incentives to acquire Abcam at a cheap price. While disappointing, ABCM was still a very successful investment for Headwaters as it outperformed the market by +27% during our ownership. The cash received from the acquisition was immediately re-deployed into the newest addition to the portfolio, IPAR (discussed below).”

14. Kraft Heinz Co (NASDAQ:KHC)

Bill Gates’ Stake: $96,983,748

With a 4.4% dividend yield and a recession-proof business, American food company Kraft Heinz Co (NASDAQ:KHC) ranks 14th in our list of the best dividend stocks according to Bill Gates. Bill & Melinda Gates Foundation owns a $97 million stake in Kraft Heinz Co (NASDAQ:KHC).

As of the end of the fourth quarter of 2023, 44 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Kraft Heinz Co (NASDAQ:KHC).

13. Anheuser-Busch Inbev SA (NYSE:BUD)

Bill Gates’ Stake: $110,047,860

Anheuser-Busch Inbev SA (NYSE:BUD) is in the spotlight for two reasons. First, data from Nielsen has shown that the Bud Light brand saw improvement in sales during the one-month period ending January 27. Second, Donald Trump has called on his supporters to give Anheuser-Busch Inbev SA (NYSE:BUD) a “second chance” and called Anheuser-Busch Inbev SA (NYSE:BUD) a “Great American Brand.” Trump was referring to the backlash Anheuser-Busch Inbev SA (NYSE:BUD) received from conservatives in the US after its collaboration with  transgender TikTok star Dylan Mulvaney.

As of the end of the fourth quarter of 2023, Bill Gates’ foundation owns a $110 million stake in Anheuser-Busch Inbev SA (NYSE:BUD).

12. United Parcel Service, Inc. (NYSE:UPS)

Bill Gates’ Stake: $118,722,643

United Parcel Service, Inc. (NYSE:UPS) ranks 12th in our list of the best dividend stocks in Bill Gates’ 2024 portfolio. Last month, UPS declared a 0.6% increase in its prior dividend. Forward dividend yield came in at over 4%.

A total of 46 hedge funds out of the 933 funds in Insider Monkey’s database had stakes in United Parcel Service, Inc. (NYSE:UPS). Bill & Melinda Gates Foundation owns a $119 million stake in United Parcel Service, Inc. (NYSE:UPS).

ClearBridge Large Cap Value Strategy made the following comment about United Parcel Service, Inc. (NYSE:UPS) in its Q3 2023 investor letter:

“A higher-for-longer rate mentality taking hold was a headwind for economically sensitive stocks. Rising wages have been one of the main drivers of inflation, and this has proved to be a sticky area, keeping the Fed’s attention and weighing on share prices. For example, United Parcel Service, Inc. (NYSE:UPS) renegotiated a wage increase for its union-backed workforce this summer, which weighed on margins that were already being constricted by slowing volumes. While the new union deal will dampen profits over the next 12 months due to the front-end-loaded nature of the new five-year contract, management gained increased flexibility to deploy automation, which we think should further enhance UPS’s strong competitive position and provide a long-term tailwind to profitability.”

11. Crown Castle Inc (NYSE:CCI)

Bill Gates’ Stake: $163,578,094

Telecom infrastructure REIT Crown Castle Inc (NYSE:CCI) is a high-yield dividend stock in Bill Gates’ Q4 portfolio. The stock has a dividend yield of over 5.5%.

The stock is making waves after Crown Castle Inc’s (NYSE:CCI) founder Ted Miller nominated four people for board director positions and outlined a restructuring plan that includes selling off its fiber assets.

Carillon Eagle Growth & Income Fund made the following comment about Crown Castle Inc. (NYSE:CCI) in its Q2 2023 investor letter:

“Crown Castle Inc. (NYSE:CCI) detracted from performance as telecom companies have temporarily slowed their deployment of additional cellular spectrum. This slowdown could impair future growth for cell tower companies.”

10. Waste Connections Inc (NYSE:WCN)

Bill Gates’ Stake: $320,807,352

Canadian-based Waste Connections Inc (NYSE:WCN) is a low-yield dividend stock in Bill Gates’ portfolio. Earlier this month Waste Connections Inc (NYSE:WCN) posted fourth quarter results. Adjusted EPS in the quarter came in at $1.11, beating estimates by $0.02. Revenue in the quarter jumped 9.1% year over year to $2.04 billion.

Bill & Melinda Gates Foundation owns a $321 million stake in Waste Connections Inc (NYSE:WCN).

TimesSquare Capital U.S. FOCUS Growth Strategy made the following comment about Waste Connections, Inc. (NYSE:WCN) in its Q3 2023 investor letter:

Waste Connections, Inc. (NYSE:WCN), a non-hazardous waste company, pulled back by -6%. They serve residential, commercial, municipal, and industrial customers in the U.S. and Canada. Second quarter results included inline revenues, an upside to profits on better margins, though with slightly lower volumes. Management noted that volumes came in weaker than anticipated due to intentionally shedding low margin contracts. Forward revenue guidance was lowered slightly, reflecting lower surcharges from falling diesel prices.”

9. FedEx Corp (NYSE:FDX)

Bill Gates’ Stake: $388,147,555

FedEx Corp (NYSE:FDX) has a dividend yield of over 2% as of February 24. Bill & Melinda Gates Foundation owns a $388 million stake in FedEx Corp (NYSE:FDX). This fund is the biggest hedge fund stakeholder in FedEx Corp (NYSE:FDX) out of the 70 funds that had stakes in FedEx Corp (NYSE:FDX) as of the end of the fourth quarter of 2023.

The London Company Large Cap Strategy stated the following regarding FedEx Corporation (NYSE:FDX) in its fourth quarter 2023 investor letter:

FedEx Corporation (NYSE:FDX) – After a very positive start to the year, FDX lagged during 4Q after a weak earnings report and lowered guidance. Fundamentals improved throughout the year as FDX enacted major cost cuts, but a decline in volumes in the quarter was too much for the new cost structure to overcome. Longer term, FDX has the potential to be a strong player in the transportation industry, but it will have to continue adjusting its fleet and network to an evolving marketplace.”

8. Walmart Inc (NYSE:WMT)

Bill Gates’ Stake: $477,704,566

Walmart Inc (NYSE:WMT) recently increased its annual dividend by 9%. This marked the 51st consecutive year of dividend increases from Walmart Inc (NYSE:WMT).

As of the end of the fourth quarter of 2023, 85 hedge funds out of the 933 funds tracked by Insider Monkey had stakes in Walmart Inc (NYSE:WMT).

7. Coca-Cola Femsa SAB de CV (NYSE:KOF)

Bill Gates’ Stake: $588,161,006

The Mexican arm of Coca Cola, Coca-Cola Femsa SAB de CV (NYSE:KOF), ranks seventh in our list of the top dividend stocks in Bill Gates’ portfolio. The Bill & Melinda Gates Foundation had a $478 million stake in Coca-Cola Femsa SAB de CV (NYSE:KOF).

Hayden Capital made the following comment about The Coca-Cola Company (NYSE:KO) in its third 2023 investor letter:

“It’s not just emerging markets either, where one could argue a “scarcity premium” given fewer quality public companies. Even in the US, The Coca-Cola Company (NYSE:KO) trades at ~30x P/E despite having the same earnings as 10 years ago.

Both of these companies actually have lower revenues than 10 – 15 years ago too, indicating that their profit growth is mostly from margin expansion. This can only last for so long before there’s no more excess expenses left to cut.

I find it ironic that all these companies trade as “bond-equivalents” in the minds of investors – even commanding lower yields than US treasuries, the safest security in the world. But it’s clear that their businesses are not nearly as safe. Coca-Cola is facing disruption risk from consumers shifting to new, heathier beverage brands.

But these companies are ~35% more expensive than US Treasuries, despite the heightened risk. On a risk-adjusted basis, one could argue the implied premium is even higher.”

Perhaps the explanation is simply the price volatility difference between these stocks and treasuries over the last two years. For example, 10-year Treasury bonds are down ~-20% since the beginning of 2022. By comparison, KO and PG are remarkably down only -4 – 6% over that time frame.”

6. Ecolab Inc (NYSE:ECL)

Bill Gates’ Stake: $1,034,999,027

Water treatment and cleaning solutions company Ecolab Inc (NYSE:ECL) is one of the top performers in Bill Gates’ portfolio, with the stock up 40% over the past one year. It has a dividend yield of just over 1% as of February 24. The Bill & Melinda Gates Foundation has a $1 billion stake in Ecolab Inc (NYSE:ECL).

Earlier this month Ecolab Inc (NYSE:ECL) posted Q4 results. Adjusted EPS in the fourth quarter came in at $1.55, beating estimates by $0.01. Revenue in the quarter jumped 7% year over year to $3.9 billion, missing estimates by $40 million.

Mairs & Power Growth Fund stated the following regarding Ecolab Inc. (NYSE:ECL) in its fourth quarter 2023 investor letter:

“All of our Materials holdings—Ecolab Inc. (NYSE:ECL), HB Fuller (FUL), and Sherwin Williams (SHW)—also posted strong results in 2023, a stark reversal from the prior year. After oil prices spiked above $100 in 2022 due to the Ukraine-Russia Conflict, oil has since pulled back to the low $70s. Oil and its by-products are major inputs for all of our Materials holdings; as such, lower oil prices have led to a rebound in profits. For example, our largest Materials holding—Ecolab—is expected to increase earnings more than 15% this year after declining 5% last year.”

Click to continue reading and see Bill Gates’ 5 Dividend Stocks To Buy.

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Disclosure: None. Bill Gates’ 16 Dividend Stocks To Buy is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

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For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


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