5 Best Dividend Stocks to Buy According to Billionaire Richard Chilton

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

5. Pfizer Inc. (NYSE: PFE)

Chilton’s Stake Value: $212,000
Percentage of Richard Chilton’s 13F Portfolio: 0.001%
Dividend Yield: 3.96%
No. of Hedge Fund Holders: 63

Pfizer Inc. (NYSE: PFE) is a global pharmaceutical company specializing in the discovery, development, production, marketing, distribution, and sale of biopharmaceutical products around the world. 

The company recently announced strong results for Q1 2021, with $14.6 billion in revenue representing a whopping 42% growth from the same period in 2020. This revenue does not include the $3.5 billion sales from BNT162b2. 

In anticipation of strong contribution from the solid performance of BNT162b2 as well as the strong performance of the business in general, the company has raised its guidance ranges for revenue, adjusted cost of sales, adjusted R&D expenses, and adjusted diluted EPS.

Pfizer Inc. (NYSE: PFE) has also requested the Medicines and Healthcare products Regulatory Agency (MHRA), the U.K.’s medical regulator, to approve its COVID-19 vaccine for use in young teenagers. The company has since submitted efficacy data for the jab that targets 12 to 15-year-olds. The vaccine is expected to be approved well before the end of July, thanks to MHRA’s fast-track review process.