5 Best Dividend Stocks to Buy Now According to Billionaire Kerr Neilson

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

5. Ally Financial Inc. (NYSE: ALLY)

Neilson’s Stake Value: $258,416,000
Percentage of Kerr Neilson’s 13F Portfolio: 5.76%
Dividend Yield: 1.37%
No. of Hedge Fund Holders: 51

Ally Financial Inc. (NYSE: ALLY) is the largest digital bank in the US. It is a bank holding company with headquarters in Detroit, Michigan. Ally Financial Inc. (NYSE: ALLY) provides financial services ranging from car finance to mortgage loans, and they have an electronic trading platform where assets can be traded.

Recently, to the delight of its customers, Ally Financial Inc. (NYSE: ALLY) decided to eliminate overdraft fees.

The bank had an estimated 55% gain year to date. Ally Financial Inc. (NYSE: ALLY) stands 5th on the list of the best dividend stocks to buy now according to billionaire Kerr Neilson.




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