5 Best Dividend Stocks to Buy According to Stanley Druckenmiller

4. Fidelity National Information Services, Inc. (NYSE:FIS)

Number of Hedge Fund Holders: 75

Ranking 4th in the 10 best dividend stocks to buy according to Stanley Druckenmiller is Fidelity National Information Services, Inc. (NYSE:FIS). Fidelity National Information Services, Inc. operates as one of the largest banks that offer outstanding experiences, by using cutting-edge financial technology. The company’s user base includes institutions and merchants for credit and debit card processing, electronic banking, check risk management, check to cash, and merchant card processing. On May 10, the company’s Board of Directors declared a $0.39 per share dividend which will be paid to shareholders of record as of June 11. 

Fidelity National Information Services, Inc. (NYSE:FIS) has a market cap of $92 billion and currently offers a dividend yield of 1.05%. The company posted its revenue of $3.2 billion in the first quarter of 2021, up 5% from the same quarter of 2020. Shares of FIS jumped 7% over the last twelve months. On May 14, Morgan Stanley maintained Equal-Weight on Fidelity National Information Services, Inc. (NYSE:FIS) and raised the price target to $154.