Centi-Billionaire Bill Gates’ Top 5 Dividend Stocks

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 306
Bill & Melinda Gates Foundation Trust’s Equity Stake: $12.40 Billion
Dividend Yield 0.81%

Microsoft Corporation (NASDAQ:MSFT) remains Bill Gates biggest holding, offering exposure to various software applications, device development and emerging technologies. 

Microsoft Corporation (NASDAQ:MSFT) has proved to be an ideal investment for gaining exposure to the artificial intelligence frenzy owing to its $13 billion investment in OpenAI. Bill & Melinda Gates Foundation Trust increased its stake in Microsoft Corporation (NASDAQ:MSFT) by 1% in Q3 2023 to $12.40 billion. The company has been paying dividends for 19 years. Its quarterly dividend stands at $0.75 a share with a yield of 0.81%.

At the end of the third quarter of 2023, 306 hedge funds in the database of Insider Monkey held stakes in Microsoft Corporation (NASDAQ:MSFT), compared to 300 in the preceding quarter. 

Here is what Jackson Peak Capital, an investment management firm, said about Microsoft Corporation (NASDAQ:MSFT) in its Q3 2023 investor letter:

“The Microsoft Corporation (NASDAQ:MSFT)/Activision Blizzard, Inc. (NASDAQ:ATVI) merger arbitrage came to a successful conclusion with the court denying the FTC’s preliminary injunction request. The deal subsequently received approval from the UK CMA and closed in October. The ATVI position was an example of “staying around the hoop” of a significant arb opportunity. At first, the position led to a small loss in Q2 when the UK CMA initially blocked the deal in April, but we stayed close to the case, analyzed the FTC trial and scaled up the ATVI position as it became apparent FTC had a weak case, meaning the probability of the deal going through was mispriced by the market since the companies would likely find a solution to work with the UK CMA (only global regulator who had an issue) if the FTC lost.”

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