5 Best Dividend Stocks to Buy According to Billionaire Paul Tudor Jones

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

5. PennyMac Mortgage Investment Trust (NYSE: PMT)

Dividend Yield: 9.56%
Value: $1,536,000
Percent of Paul Tudor Jones’ 13F Portfolio: 0.0434%
No. of hedge Fund Holders: 15

PennyMac Mortgage Investment Trust (NYSE: PMT) a specialty finance company invests in residential mortgage loans and mortgage-related assets. PNMAC Capital Management, owned by PennyMac Financial Services, Inc. (NYSE: PFSI), manages PMT. 

Earlier in March the company declared a cash dividend of $0.47. In February, David A. Spector, CEO of the company, assumed the role of Chairman and will and continue serving as CEO. For Q3 2020 the net income was $99.3 million and EPS was $0.94.

PennyMac Mortgage Investment Trust (NYSE: PMT) stock has yielded a return of 96.81% over the last 12 months.




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