Bill Gates’ Top 5 Dividend Stocks

Page 5 of 5

1. Microsoft Corporation (NASDAQ:MSFT)

Bill Gates’ Stake Value: $9,144,742,000
Dividend Yield as of November 17: 1.12%

An American multinational tech giant, Microsoft Corporation (NASDAQ:MSFT) was the largest holding of The Gates Foundation at the end of Q3 2022. The hedge fund increased its position in the company by 4,057% during the quarter. It currently owns 39.2 million MSFT shares, worth over $9.1 billion. The company represented 26.9% of Bill Gates’ portfolio.

In October, RBC Capital maintained an Outperform rating on Microsoft Corporation (NASDAQ:MSFT) with a $310 price target, appreciating the company’s fiscal Q1 2023 results. The firm also appreciated the company’s management and its execution.

In 2022, Microsoft Corporation (NASDAQ:MSFT) extended its dividend growth streak to 16 years, which makes it one of the top dividend stocks to buy. The company currently pays a quarterly dividend of $0.68 per share for a dividend yield of 1.12%, as of November 17.

At the end of Q2 2022, Microsoft Corporation (NASDAQ:MSFT) was the most popular stock among hedge funds, with 258 funds taking up investments in the company, according to Insider Monkey’s data. The stakes owned by these hedge funds hold a collective value of over $56 billion.

Diamond Hill Capital mentioned Microsoft Corporation (NASDAQ:MSFT) in its Q3 2022 investor letter. Here is what the firm has to say:

“Also among our bottom contributors were media and technology giant Alphabet, software and IT services provider Microsoft Corporation (NASDAQ:MSFT) and insurance company American International Group (AIG). Microsoft shares declined in Q3, along with other tech companies, as rising interest rates impacted the near-term outlook. We expect the business to continue to generate strong revenue growth and benefit from operating leverage. Microsoft’s cloud computing services business, Azure, is generating robust growth, confirming its competitive positioning.”

Follow Microsoft Corp (NASDAQ:MSFT)

You can also take a look at Billionaire Ken Fisher’s Top 10 Dividend Stock Picks and Billionaire Ray Dalio’s Top 10 Dividend Stocks

Follow Insider Monkey on Twitter

Page 5 of 5