Billionaire Steven Cohen’s Top 5 High Dividend Stock Picks

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1. BP p.l.c. (NYSE:BP)

Point72 Asset Management’s Stake Value: $245,127,105
Dividend Yield as of November 20: 4.74%

BP p.l.c. (NYSE:BP) tops our list of the best high-dividend stocks in billionaire Steve Cohen’s portfolio. The global energy company offers a dividend of $0.4362 per American Depositary Share (ADS), for a dividend yield of 4.74%, as of November 20.

As of the close of Q2 2023, 36 hedge funds tracked by Insider Monkey reported having stakes in BP p.l.c. (NYSE:BP), compared with 41 in the preceding quarter. The collective value of these stakes is more than $857 million.

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You can also take a look at Bill Gates’ 11 Dividend Stocks and 12 Best-Performing Growth Stocks in 2023

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