Jim Simons’ Renaissance Technologies Portfolio: 5 Dividend Stocks With Over 15% Yield

1. Golden Ocean Group Limited (NASDAQ:GOGL)

Renaissance Technologies’ Stake Value: $15,374,000

Percentage of Renaissance Technologies’ 13F Portfolio: 0.01%

Number of Hedge Fund Holders: 13

Dividend Yield as of December 21: 40.72%

Golden Ocean Group Limited (NASDAQ:GOGL) is the highest yielding dividend stock from Jim Simons’ Renaissance Technologies’ portfolio, offering a yield of 40.72%. As of Q3 2021, Renaissance Technologies owns 1.42 million Golden Ocean Group Limited (NASDAQ:GOGL) shares, worth $15.37 million, representing 0.01% of the fund’s total investments. 

On December 7, Golden Ocean Group Limited (NASDAQ:GOGL) declared a quarterly dividend of $0.85 per share, which reflects a 70% increase from the prior dividend of $0.50. The dividend was paid on December 16. 

In the third quarter earnings report published on November 24, Golden Ocean Group Limited (NASDAQ:GOGL) posted earnings per share of $0.92, beating estimates by $0.27.

Of the 13 hedge funds that were bullish on Golden Ocean Group Limited (NASDAQ:GOGL) as of September 2021, Arrowstreet Capital is the leading stakeholder of the company, with 4.30 million shares worth $45.8 million. 

You can also take a look at 10 Best High Dividend Stocks in Canada for 2022 and 10 Financial Stocks to Buy According to Ken Griffin’s Citadel Investment Group.

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