Billionaire George Soros returned an average of around 30% per year in his career. That’s how he became a billionaire. More recently Soros returned 29% in 2009 and made $3.3 billion in fees and investment gains. Dividend investors may want to take a closer look at Soros’ stock picks with high dividend yields.
Below we compiled a list of stocks that are at least $2.3 Billion in Market Cap and have at least 3% dividend yield. These are Soros’ holdings by the end of June.
Seagate Technology is one of the world’s largest manufacturers of hard disk drives. It had a dividend yield of 3.36% and lost 23.46% since the beginning of this year. It has a market cap of $4.69 billion and a P/E ratio of 10.27. Soros held $57 million in STX shares by the end of June.
AT&T Inc. is an American multinational telecommunications corporation. It is the largest provider of mobile telephony and fixed telephony in the United States, and is also a provider of broadband and subscription television services. It had a dividend yield of 6.05% and returned 3.5% since the beginning of this year. It has a market cap of $171.79 billion and a P/E ratio of 8.44. Soros held $54 million in T shares by the end of June. Renaissance Technologies had $95 million invested in T at the end of June.
Verizon Communications Inc. is a global broadband and telecommunications company and a component of the Dow Jones Industrial Average. It had a dividend yield of 5.53% and returned 6.11% since the beginning of this year. It has a market cap of $103.80 billion and a P/E ratio of 16.45. Soros held $47 million in VZ shares by the end of June.
Petróleo Brasileiro S.A. is a semi-public Brazilian multinational energy corporation headquartered in Rio de Janeiro, Brazil. It had a dividend yield of 5.51% and lost 34.02% since the beginning of this year. It has a market cap of $159.80 billion and a P/E ratio of 6.26. Soros held $38 million in PBR shares by the end of June.
Stanley Black & Decker is a manufacturer of tools and hardware and provider of security products and locks headquartered in New Britain, Connecticut. It had a dividend yield of 3.06% and lost 13.35% since the beginning of this year. It has a market cap of $9.76 billion and a P/E ratio of 16.14. Soros held $37 million in SWK shares by the end of June. Bill Miller had $35 million invested in SWK at the end of June.
Golar LNG is liquefied natural gas shipping company based in London and registered in Bermuda. It had a dividend yield of 3.43% and returned 128.19% since the beginning of this year. It has a market cap of $2.75 billion and a P/E ratio of 94.86. Soros held $28 million in GLNG shares by the end of June. Steven Cohen had $13 million invested in GLNG at the end of June.
CenturyLink, Inc. is a United States telecommunications firm, headquartered in Monroe, Louisiana. It had a dividend yield of 8.84% and lost 22.09% since the beginning of this year. It has a market cap of $20.68 billion and a P/E ratio of 16.96. Soros held $19 million in CTL shares by the end of June. Steven Cohen also had $101 million invested in CTL shares at the end of June.
Pfizer, Inc. is an American multinational pharmaceutical corporation. It had a dividend yield of 4.43% and returned 9.8% since the beginning of this year. It has a market cap of $146.84 billion and a P/E ratio of 17.57. Soros held $12 million in PFE shares by the end of June. Ken Fisher also had $452 million invested in CTL shares at the end of June.
