5 Best High-Yield Dividend Stocks to Buy According to Billionaire George Soros
Value: $3,143,000
No. of Shares Owned by Soros: 75,000
No. of Hedge Fund Holders: 14
Dividend Yield: 6.80%
French energy company Total SE is one of the best high-yield dividend stocks George Soros is buying. In the fourth quarter, the company’s net income fell 53% amid lower oil prices. However, cost-cutting measures helped the company reduce its expenses by $1.1 billion in 2020. For 2021, the company is expecting a 10% rise in its LNG sales as compared to 2020.
A total of 14 hedge funds tracked by Insider Monkey were bullish TOTAL SE at the end of the fourth quarter, down from 18 funds a quarter earlier.