5 Best Dividend Stocks to Buy According to Billionaire Kerr Neilson

In this article we discuss the 5 best dividend stocks to buy according to billionaire Kerr Neilson. If you want to read our detailed analysis of Neilson’s history and hedge fund performance, go directly to the 10 Best Dividend Stocks to Buy According to Billionaire Kerr Neilson.

5. TechnipFMC plc (NYSE: FTI)

Neilson’s Stake Value: $20,761,000
Percentage of Kerr Neilson’s 13F Portfolio: 0.47%
Dividend Yield: 6.06%
No. of Hedge Fund Holders:35

TechnipFMC plc (NYSE: FTI) provides services to businesses and engages in systems, technologies, gas, and oil projects. Recently, it reported its Q1 2021 financial results. The total revenue of the company in Q1 2021 came in at $1,632 million.

In one of its investor letters, Antipodes Partners highlighted a few stocks and TechnipFMC Plc (NYSE:FTI) is one of them. Here is what Antipodes Partners said:

“We also added to TechnipFMC as its valuation became increasingly attractive. While the near-term outlook for service companies is challenged, Technip will be somewhat protected by its superior backlog and strong balance sheet.”