5 Best Dividend Stocks to Buy According to Billionaire George Soros

4. TotalEnergies SE (NYSE: TOT)

Soros’s Stake Value: $8,145,000
Percentage of George Soros’s 13F Portfolio: 0.15%
Dividend Yield: 6.42%
Number of Hedge Fund Holders: 17

TotalEnergies SE (NYSE: TOT) is a French company that provides combined oil and petroleum services globally. It was founded in 1924 and is ranked fourth on our list of 10 best dividend stocks to buy according to billionaire George Soros. TotalEnergies stock has returned more than 15% to investors during the course of the past twelve months.

TotalEnergies SE is a solid bet for a dependable income. On April 29, the company declared a quarterly dividend of $0.81 per share in line with the previous. The company also announced earnings per share of $1.10, beating the estimates by $0.24, and its Q1 2021 net income was $3 billion, up 69% YoY, beating estimates by $2.35 billion. Last week, Uganda’s energy ministry selected Total Energies and three other companies in its competitive round of oil bidding for five oil blocks along its Western border.

The hedge fund chaired by George Soros holds close to 175,000 shares in the company worth over $8.15 million. Soros activity on Total Energies stock increased by 134% in the past few months. Out of the hedge funds being tracked by Insider Monkey, Fisher Asset Management is a leading shareholder in TotalEnergies SE (NYSE: TOT) with 28.29 million shares worth more than $1.04 billion.