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

2. Chimera Investment Corporation (NYSE: CIM)

Omega Advisors has been holding a position in Chimera Investment Corporation (NYSE: CIM) since 2012 and it is also in the list of 10 best high dividend stocks to buy according to billionaire Lee Cooperman. The company offers a dividend yield of 9.31% at present. Moreover, the company’s share price is adding to investors’ returns. The shares of Chimera Investment grew 25% since the beginning of this year, extending the twelve-month gains to 67%.

Chimera Investment Corporation has experienced a decrease in hedge fund sentiment in recent months. It was in 15 hedge funds’ portfolios at the end of December. The all-time high for this statistic is 20. This means the bullish number of hedge fund positions in this stock currently sits below its all-time high. There were 17 hedge funds in our database with CIM holdings at the end of December.