5 Best Dividend Stocks to Buy According to Billionaire David Tepper

4. Sysco Corporation (NYSE: SYY

Tepper’s Stake Value: $91,142,000

Percentage of David Tepper’s 13F Portfolio: 1.3%

Dividend Yield: 2.37%

No. of Hedge Fund Holders: 42

Sysco Corporation (NYSE: SYY) is an American wholesale company. It ranked 4th on our list of Tepper’s top 10 dividend stock picks, and works on marketing and distributing food products, small wares, kitchen equipment, and tabletop items. Sysco Corporation (NYSE: SYY) mostly works on selling the above products to restaurants, healthcare, and educational institutions.

The stock has gained 9.14% year to date and has a market cap of $40.4 billion. Despite this, Appaloosa Management reduced its stake in Sysco Corporation (NYSE: SYY) in Q121, making the stock 1.3% of the hedge fund’s portfolio.