John Paulson's Favorite High-Dividend Stock Picks
John Paulson is the most successful hedge fund manager of the past four years. He made $4 billion by betting against subprime mortgage investments in 2007 and another $5 billion by betting on gold and the recovery of the economy in 2010.
John Paulson’s dividend stocks gained 20.1% in the last 12 months, vs. a 28.9% gain for the S&P 500 (SPY). (See Paulson's current top holdings
here
). WSJ
reports
that Paulson's Advantage Plus fund lost more than 13% this month through June 10, bringing its YTD losses to 19.65%. (
Here are the details
).
We compiled Paulson's dividend stock picks at the end of March. We required a minimum dividend yield of 2%; yields were obtained from Yahoo Finance. Here are Paulson's favorite dividend stock picks:
1. Lorillard Inc (LO):
Lorillard manufactures and sells cigarettes in the United States. Lorillard is the third largest tobacco company in the U.S., has... Read more