5 Dividend Stocks That Billionaire George Soros Owns

2. Accenture plc (NYSE:ACN)

Soros Fund Management’s Stake Value: $26,113,496
Dividend Yield as of February 21: 1.66%

An Irish-American technology company, Accenture plc (NYSE:ACN) is next on our list of dividend stocks in billionaire George Soros’ portfolio. His hedge fund owned ACN stakes worth over $26 million in the fourth quarter of 2022. The company accounted for 0.35% of the firm’s 13F portfolio.

Accenture plc (NYSE:ACN) maintains a 17-year streak of consistent dividend growth. The company currently offers a quarterly dividend of $1.12 per share and has a dividend yield of 1.66%, as of February 21.

As per Insider Monkey’s Q4 2022 database, 63 hedge funds owned investments in Accenture plc (NYSE:ACN), worth nearly $3 billion collectively. In the previous quarter, 58 hedge funds held stakes in the company, with a total value of $3.47 billion.

Distillate Capital Partners LLC mentioned Accenture plc (NYSE:ACN) in its third-quarter 2022 investor letter. Here is what the firm has to say:

“The largest new purchases includes Accenture plc (NYSE:ACN). Accenture modestly lagged the market last quarter and became similarly attractive enough to warrant ownership. Similar to our prior presentations, one way to visualize the current portfolio and note recent changes versus the benchmark is to look at scatter plot of all of Distillate’s FSV holdings versus those in the benchmark with valuation on the vertical axis and free cash ϲow stability on the horizontal axis.”