10 Best High-Yield Dividend Stocks to Buy According to Billionaire George Soros
George Soros is an American billionaire and hedge fund manager who founded Soros Fund Management in 1970. As of the end of 2020, the hedge fund had over $5.3 billion in managed securities. The 90-year old billionaire who was born in Hungary and grew up during difficult times of the Nazi occupation has a total worth of over $8 billion. Amid an increasingly hostile environment in his home country, Soros moved to England in 1947 and enrolled in the London School of Economics. During his student life Soros worked as a waiter, railway porter, and sometimes survived on charity.
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.
Приложение - Коммерсантъ Деньги (131782) - Одинокий Волк Уолл-стрит kommersant.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kommersant.ru Daily Mail and Mail on Sunday newspapers.
BPJS Ketenagakerjaan Bakal Tambah Alokasi Surat Utang - Finansial Bisnis.com bisnis.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bisnis.com Daily Mail and Mail on Sunday newspapers.
Fractional Shares from Reverse Splits
For shareholders who hold quantities of shares that are not an exact multiple of the reverse split ratio (for example, not a multiple of two for a one-for-two reverse split), the reverse split will result in the creation of a fractional share. Post-split fractional shares will be redeemed for cash and sent to the broker of record. This redemption may cause some shareholders to realize a gain or loss, which could be a taxable event for those shareholders. Otherwise, the reverse split will not result in a taxable transaction for shareholders of the Funds.
About J.P. Morgan Asset Management