5 Best Dividend Stocks to Buy Now According to Billionaire Cliff Asness

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1. Nordic American Tankers Limited (NYSE: NAT)

Asness’ Stake Value: $68,000
Percentage of Cliff Asness’ 13F Portfolio: 0.001%
Dividend Yield: 11.9%
No. of Hedge Fund Holders: 5

Nordic American Tankers Limited (NYSE: NAT) is a company that ferries oil through chartered or acquired double-hull tankers. The company recently revealed that Alexander Hansson, the son of NAT CEO, acquired 40K shares of the company, priced at $3.16. 

Nordic American Tankers Limited (NYSE: NAT) released favorable earnings for Q4 and full-year 2020. Its full-year net income was $50 million, with earnings per share of $0.34. In comparison, the company reported a $10 million net loss in the previous year and a -$0.07 EPS.  The stock ranks 1st in the list of best dividend stocks to buy now according to billionaire Cliff Asness.

You can also take a peek at 10 Extreme Dividend Stocks with Huge Upside and 10 Blue Chip Dividend Stocks Hedge Funds Are Buying.

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