Billionaire David Tepper's Dividend Stock Picks
By Insider Monkey: Many hedge fund managers are billionaires. David Tepper, the founder of Appaloosa Management, made $4 billion in 2009 and the fund returned about 30% in 2010. He is currently ranked 208th in the list of Forbes world billionaires. We like dividend stocks because they are the best alternative to ultra-low yielding Treasuries. We like dividend payments but we also like to invest in stocks that can deliver high capital gains in case the market recovers. We believe the dividend stocks David Tepper invests in have this characteristic. Below we compiled a list of dividend stocks Tepper is bullish about. All companies have at least $2 billion market cap and 3% dividend yield. Market data sourced from Finviz.
Company Name Ticker Value Activity Dividend
INTERNATIONAL PAPER IP 77108 -35% 3.85%
APPLIED MATERIALS AMAT 42894 -37% 3.05%
MICROSOFT CORP MSFT 42610 -57% 3.11%
MASCO CORP MAS 15230 -13% 3.34%
BP PLC BPComplete Story »