5 Best Dividend Stocks to Buy According to Billionaire Louis Bacon

4. Janus Henderson Group plc (NYSE: JHG) 

Bacon’s Stake Value: $20,568,000
Percentage of Louis Bacon’s 13F Portfolio: 0.26%
Dividend Yield: 3.91%
Number of Hedge Fund Holders: 28

Janus Henderson Group plc (NYSE: JHG) is a fund management corporation, which provides services to small business clients and institutions through its subsidiaries. It was founded in 1934 and ranks fourth on our list of 10 best dividend stocks to buy according to billionaire Louis Bacon. Janus Henderson Group plc (NYSE: JHG) stock has returned more than 73.44% to investors over the past year.

On April 29, the company declared a quarterly dividend of $0.38 per share, which was 5.6% more than its prior dividend of $0.36. Janus Henderson Group posted first quarter 2021 results, reporting earnings per share of $0.91, beating market predictions by $0.08. The revenue over the period was $644 million, up 16.1% YoY, beating the estimates by $14.15 million

With a $20.57 million stake in Janus Henderson Group, Moore Global Investments owns 660,297 shares of Janus Henderson Group plc (NYSE: JHG) in the first quarter of 2021. The company is also getting the attention of the smart money, as 28 hedge funds tracked by Insider Monkey reported owning stakes in the company in Q1 2021, up from 22 funds a quarter earlier.