5 High Dividend Stocks to Buy According to Billionaire Lee Cooperman

3. First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD)

Number of Hedge Fund Holders: 5

Forward Dividend Yield: 8.93%  

In the filings for the third quarter, Cooperman’s fund detailed that it owned 2.1 million shares of First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) worth $9.3 million, representing 0.49% of the portfolio. First Eagle is a business development firm. 

First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) has a market cap of $134 million and posted over $29 million in revenue last year. The company is headquartered in Boston and was founded in 2009. 

Among the hedge funds being tracked by Insider Monkey, Boston-based investment firm Arrowstreet Capital is a leading shareholder in First Eagle Alternative Capital BDC, Inc. (NASDAQ:FCRD) with 193,129 shares worth more than $852,000.