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

3. American Eagle Outfitters, Inc. (NYSE: AEO)

Neilson’s Stake Value: $89,651,000
Percentage of Kerr Neilson’s 13F Portfolio: 2%
Dividend Yield: 2.14%
No. of Hedge Fund Holders: 43

This American clothing company ranks 3rd on our list of the best dividend stocks to buy now according to billionaire Kerr Neilson. American Eagle Outfitters, Inc. (NYSE: AEO) is a lifestyle clothing and accessories retailer with headquarters at SouthSide Works in Pittsburgh, Pennsylvania.

American Eagle Outfitters, Inc. (NYSE: AEO) is one of the major companies that raised their dividends last week, cheering its shareholders with the 31% hike. The brand’s consistency and reliability in the past, coupled with its renewed dividend yield approach, makes it a tempting stock to invest in.