Top 5 High Dividend Stocks To Buy According To Hedge Funds

2. Vale S.A. (NYSE:VALE)

Number of Hedge Fund Holders: 34
Dividend Yield as of March 29: 10.38%

Vale S.A. (NYSE:VALE) is a multinational mining company, headquartered in Brazil. The company is involved in the extraction of nickel, iron ore, copper, and other minerals. It currently offers a semi-annual dividend of $0.5519 per share and has a dividend yield of 10.38%, as of March 29. The company has been making regular dividend payments to shareholders since 2002, which makes VALE one of the best dividend stocks on our list.

Vale S.A. (NYSE:VALE) was included in 34 hedge fund portfolios at the end of Q4 2023, which remained unchanged from the previous quarter, according to our database. The stakes held by these hedge funds are collectively valued at over $1 billion.

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