Billionaire Investor Bill Ackman Is Raking In $97 Million In Annual Dividend Income From These 2 Stocks
Bill Ackman has done quite well as an investor. Not only has he amassed a fortune and become a billionaire through his career, but his fund, Pershing Square Capital Management, has generated annualized returns of 17% since launching in 2004.
While Ackman has never been known as a dividend investor, he's definitely purchased stocks over the years that have strong dividends.
Currently, Pershing Square Capital Management only owns about six stocks, and two of those are raking in $97 million worth of annual passive income. Let's take a look at these two dividend stocks and see whether or not they would also make good dividend stocks for investors.
Source Fool.com