5 Best High-Yield Dividend Stocks to Buy According to Billionaire George Soros

4. Energy Transfer LP (NYSE: ET)

Value: $2,953,000
Percent of George Soros’ 13F Portfolio: 0.05%
No. of Shares Owned by Soros: 477,750
No. of Hedge Fund Holders: 25
Dividend Yield: 7.80%

Another energy company is George Soros portfolio, Energy Transfer is one of the best high-yield dividend stocks. Recently, Piper Sandler upgraded the stock to Overweight from Neutral with a $9 price target, upped from $7. The firm likes the stock amid improving energy fundamentals and the company’s unique top tier integrated network delivering oil and gas. The firm expects the company to generate solid FCF in 2021.

As of the end of the fourth quarter, 25 hedge funds in Insider Monkey’s database of 887 funds held stakes in ET, compared to 31 funds in the third quarter. David Tepper’s Appaloosa Management LP is the biggest stakeholder in the company, with 24 million shares, worth $148.7 million.