Bill Gates’ Portfolio: 5 Dividend Stocks Held By The World’s Richest Man

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1. Crown Castle International Corp. (REIT) (NYSE:CCI)

Finally, the stock with the highest dividend yield in the Bill & Melinda Gates Foundation Trust’s 13F portfolio is Crown Castle International Corp. (REIT) (NYSE:CCI), which has a yield of 3.75%. At the end of March, the Michael Larson-managed fund owned 5.33 million shares of the REIT, worth $503.69 million.

As people are using their phones ever more frequently and companies like Facebook Inc (NASDAQ:FB) and Alphabet Inc (NASDAQ:GOOGL) are investing more in the development of their mobile platforms, the demand for mobile data and mobile network infrastructure will grow and Crown Castle International Corp. (REIT) (NYSE:CCI) stands to benefit a lot from this trend. Crown Castle International Corp. (REIT) (NYSE:CCI), which has a market cap of $37 billion, currently owns around 40,000 cell towers, and thanks to that size, it can afford to invest further in its infrastructure. Including the Trust, 38 funds from our database held shares of Crown Castle International Corp. (REIT) (NYSE:CCI) at the end of the first quarter, compared to 36 funds at the end of 2016.

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