Five Dividend Stocks from Billionaire Chase Coleman’s Tiger Global Portfolio

#4. Restaurant Brands International Inc. (NYSE:QSR)

– Number of shares owned by Tiger Global Management as of March 31: 2.46 Million

– Value of Tiger Global Management’s holding as of March 31: $95.52 Million

– Dividend yield: 1.45%

The secretive New York-based asset manager trimmed its position in Restaurant Brands International Inc. (NYSE:QSR) by a whopping 3.94 million shares during the first three months of 2016, remaining with 2.46 million shares worth $95.52 million. The reshuffled position accounted for 1.4% of the fund’s entire portfolio at the end of the first quarter. The quick service restaurant company that operates the Tim Hortons and Burger King chains has seen its market value increase by 10% since the start of the year. Burger King is among the most popular stores in the United States, as roughly 19% American consumers go to Burger King at least once per month. The owner of Tim Hortons and Burger King restaurants currently distributes a cash dividend of $0.15 per common share, representing a current dividend yield of 1.45%. Bill Ackman’s Pershing Square Capital Management reported owning 39.15 million shares of Restaurant Brands International Inc. (NYSE:QSR) through its 13F for the March quarter.

#3. Apple Inc. (NASDAQ:AAPL)

– Number of shares owned by Tiger Global Management as of March 31: 5.66 Million

– Value of Tiger Global Management’s holding as of March 31: $616.58 Million

– Dividend yield: 2.33%

The hedge fund founded by Chase Coleman also reduced exposure to Apple Inc. (NASDAQ:AAPL) during the January-to-March quarter, as the fund trimmed its Apple stake by 4.94 million shares to 5.66 million shares. The reduced stake was valued at $616.58 million at the end of March and made up 8.9% of the fund’s entire portfolio. The market capitalization of the iPhone market has declined by 6% since the beginning of the year, after the company posted its first year-over-year quarter sales decline since 2003. The Cupertino-based company pays a quarterly dividend of $0.57 per share, which translates to an annual dividend of $2.28 per share and an annual dividend yield of 2.33%. While Apple officials refuse to accept or rebuff rumors about the company working on developing a car, many are saying that Apple is keen on entering the highly-competitive but promising car market. Warren Buffett’s Berkshire Hathaway acquired a new stake of 9.81 million shares of Apple Inc. (NASDAQ:AAPL) during the first quarter.