3 Dividend Stocks Billionaires Seem to Love
Billionaires make their fortunes in all sorts of ways. For some, it came partly thanks to their ability to lead or invest in excellent companies. These are the billionaires I want to focus on today. That's because the non-billionaires out there (there are way more of us than there are of them), can sometimes learn something by looking at the kinds of equities that billionaires invest in, including dividend stocks.
There is no shortage of corporations that pay dividends, but they aren't all created equal. Which ones do billionaires like? Let's look at three dividend stocks that got the investing attention of some billionaires: Gilead Sciences (NASDAQ: GILD), Microsoft (NASDAQ: MSFT), and Apple (NASDAQ: AAPL).
Gilead Sciences is a leading biotech company with a particular focus on the HIV drug market. It also features among the holdings of Citadel Advisors, a hedge fund run by billionaire investor Ken Griffin. What makes Gilead Sciences an attractive dividend stock? It isn't just the company's yield, although, at 3.6%, it is much higher than the average for the S&P 500 of 1.74%.
Source Fool.com
