5 Best High Dividend Stocks to Buy According to Billionaire Lee Cooperman

3. Owl Rock Capital Corporation (NYSE: ORCC)

Omega Advisors initiated a brand new position in Owl Rock Capital Corporation (NYSE: ORCC) during the December quarter. The company’s share price growth of 11% topped the broader market index so far in 2021 while its dividend yield of 8.79% is adding to overall returns. It is an asset management company that invests mainly in senior secured or unsecured loans, subordinated loans, or mezzanine loans and also considers equity-related securities.

Overall, hedge fund sentiment increased significantly. The stock was in 20 hedge funds’ portfolios at the end of December compared to 15 in the previous quarter.