Billionaire Ken Griffin’s Top 5 High Dividend Stock Picks

1. U.S. Bancorp (NYSE:USB)

Citadel Investment Group’s Stake Value: $296,388,126
Dividend Yield as of February 17: 3.97%

U.S. Bancorp (NYSE:USB) is a Minnesota-based financial services company. At the end of Q4 2022, Citadel Investment Group owned nearly 6.8 million shares in the company, worth over $296.3 million. The company accounted for 0.06% of the firm’s 13F portfolio. The hedge fund has been investing in the company since the fourth quarter of 2010.

U.S. Bancorp (NYSE:USB), one of the top high-dividend stock picks of billionaire Ken Griffin, currently pays a quarterly dividend of $0.48 per share. The stock’s dividend yield on February 17 came in at 3.97%, as of February 17. It has been rewarding shareholders with growing dividends for the past 12 years.

At the end of Q3 2022, elite funds remained bullish on U.S. Bancorp (NYSE:USB), with hedge fund positions increasing to 52, from 43 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds have a total value of roughly $4.8 billion.

You can also take a look at Analysts Are Downgrading These Stocks and 10 Best Long-Term Stocks To Buy According to Buffett

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