Bill Gates’ 11 Dividend Stocks

Published on November 16, 2023 at 12:01 pm by Vardah Gill in Dividend Stocks, Hedge Funds, News

In this article, we discuss Bill Gates’ 11 dividend stocks. You can skip our detailed analysis of Bill Gates’ investment philosophy and his major investments, and go directly to read Bill Gates’ 5 Dividend Stocks.

The Bill and Melinda Gates Foundation is one of the largest private philanthropic foundations globally, established by Bill and Melinda Gates. It focuses on various global issues such as healthcare, poverty alleviation, education, and access to information technology. The foundation invests its endowment to generate returns that support its philanthropic efforts.

Bill Gates is a staunch supporter of technology and its potential to drive positive change. He has also expressed both support for and caution about the development and application of artificial intelligence (AI). In one of his blog posts this year, Gates talked about how AI holds a lot of promise. He repeatedly emphasized that AI models, like the one in ChatGPT, are incredibly significant in the world of technology. He even compared their importance to the big leap forward that happened with the invention of the personal computer. Gates believes these AI models have the potential to be game-changers, much like how personal computers transformed technology and how we live and work. The Microsoft co-founder also believes that instead of lots of apps for different tasks, users would just talk to their device like they are talking to a person. These smart AI “agents” will understand and help them do what they need without switching between apps. Here are some of his comments on the matter:

“In the near future, anyone who’s online will be able to have a personal assistant powered by artificial intelligence that’s far beyond today’s technology. Agents are smarter. They’re proactive—capable of making suggestions before you ask for them.”

Earlier this year, Gates also highlighted the positive impact of new technologies like green hydrogen and praised government policies for driving the shift toward green initiatives and sustainability. The philanthropist remarked that currently, there isn’t much demand for green hydrogen. He believes that the concept of European and US governments funding separate projects in their respective regions over the next decade is beneficial. According to him, this support will help establish a market for green hydrogen, which he sees as positive for the world in the coming decade.

Besides its emphasis on technology, the Gates Foundation has remained dedicated to philanthropic endeavors. In September this year, the foundation promised $200 million to support saving mothers’ and children’s lives during childbirth. This commitment came as the biggest American philanthropic donation, announced at the Goalkeepers conference held alongside the U.N. General Assembly.

As of the close of Q3 2023, Bill & Melinda Gates Foundation had a 13F portfolio valued at roughly $39 billion, compared with $42 billion in the previous quarter. The hedge fund had investments in the technology, services, finance, and industrial goods sectors. Dividend stocks also made up a significant portion of the fund’s portfolio. Some of its prominent holdings in Q4 were The Kraft Heinz Company (NASDAQ:KHC), Caterpillar Inc. (NYSE:CAT), and Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF). In this article, we will discuss the top dividend stocks in Bill Gates’ portfolio.

Our Methodology:

For this list, we selected top dividend stocks in Bill Gates’ portfolio, as of Q3 2023. The stocks are ranked according to their stake value in Bill & Melinda Gates Foundation.

11. The Kraft Heinz Company (NASDAQ:KHC)

Bill Gates’ Stake Value: $88,224,264

The Kraft Heinz Company (NASDAQ:KHC) is an American multinational food and beverage company that produces and markets a diverse array of food products. It is one of the best dividend stocks on our list as the company has been making regular dividend payments to shareholders since its merger in 2015. The company pays a quarterly dividend of $0.40 per share and has a dividend yield of 4.77%, as of November 15.

At the end of Q3 2023, The Gates Foundation owned over 2.6 million shares in The Kraft Heinz Company (NASDAQ:KHC), worth over $88.2 million. The company represented 0.22% of the firm’s 13F portfolios. The Kraft Heinz Company (NASDAQ:KHC), Caterpillar Inc. (NYSE:CAT), and Coca-Cola FEMSA, S.A.B. de C.V. (NYSE:KOF) are some other popular holdings of the hedge fund.

As of the end of Q2 2023, 39 hedge funds in Insider Monkey’s database reported having stakes in The Kraft Heinz Company (NASDAQ:KHC), growing from 34 in the previous quarter. The consolidated value of these stakes is more than $12.2 billion.

10. Danaher Corporation (NYSE:DHR)

Bill Gates’ Stake Value: $92,541,300

Danaher Corporation (NYSE:DHR) is a diversified global conglomerate with a focus on science and technology. The company mainly offers products and services used in the research, development, and production of biotechnologies, pharmaceuticals, and diagnostics. The Gates Foundation owned DHR stakes worth over $92.5 million at the end of Q3 2023. The company made up 0.23% of the hedge fund’s 13 F portfolio.

Danaher Corporation (NYSE:DHR), one of the best dividend stocks, currently pays a quarterly dividend of $0.27 per share. The company has raised its dividends for nine consecutive years. As of November 15, the stock has a dividend yield of 0.52%.

At the end of Q2 2023, 89 hedge funds tracked by Insider Monkey reported having stakes in Danaher Corporation (NYSE:DHR), compared with 90 in the previous quarter. The collective value of these stakes is over $6.3 billion. With over 4.8 million shares, Viking Global was the company’s leading stakeholder in Q2.

9. United Parcel Service, Inc. (NYSE:UPS)

Bill Gates’ Stake Value: $117,695,722

United Parcel Service, Inc. (NYSE:UPS) is a Georgia-based package delivery and supply chain management company. The company provides transportation, logistics, and courier services, delivering packages and documents to businesses and consumers around the world. It is one of the best dividend stocks on our list as the company has been rewarding shareholders with growing dividends for the past 21 years. The company offers a quarterly dividend of $1.62 per share and has a dividend yield of 4.39%, as of November 15.

During the third quarter of 2023, the Gates Foundation increased its position in United Parcel Service, Inc. (NYSE:UPS) by 2%, taking its total stake value in the company to roughly $118 million. The company accounted for 0.3% of the firm’s 13F portfolio.

As of the end of June 2023, the number of hedge funds tracked by Insider Monkey owning stakes in United Parcel Service, Inc. (NYSE:UPS) grew to 47, from 39 in the previous quarter. The total value of these stakes is more than $945.5 million.

8. Waste Connections, Inc. (NYSE:WCN)

Bill Gates’ Stake Value: $288,634,203

Waste Connections, Inc. (NYSE:WCN) is a solid waste services company that specializes in providing waste collection, transfer, disposal, and recycling services. On October 26, the company declared a 12% hike in its quarterly dividend of C$0.285 per share. This marked the company’s 13th consecutive year of dividend growth. The stock’s dividend yield on November 15 came in at 0.85%.

At the end of Q3 2023, the Gates Foundation held over 2 million shares in Waste Connections, Inc. (NYSE:WCN), valued at more than $288.6 million. The company constituted 0.74% of the firm’s portfolios.

The number of hedge funds in Insider Monkey’s database owning stakes in Waste Connections, Inc. (NYSE:WCN) grew to 41 in Q2 2023, from 35 in the previous quarter. The consolidated value of these stakes is roughly $1.3 billion. With over 2.2 million shares, Durable Capital Partners was the company’s leading stakeholder in Q2.

7. FedEx Corporation (NYSE:FDX)

Bill Gates’ Stake Value: $406,483,181

FedEx Corporation (NYSE:FDX) is an American logistics company that provides a broad range of transportation, e-commerce, and business services. The Gates Foundation did not change its position in the company during the third quarter of 2023 and owned over 1.5 million FDX shares. These stakes are worth over $406.4 million and represent 1.04% of the hedge fund’s 13F portfolios.

FedEx Corporation (NYSE:FDX), one of the best dividend stocks on our list, currently pays a quarterly dividend of $1.26 per share. The company has raised its payouts for three years in a row. As of November 15, the stock has a dividend yield of 1.96%.

FedEx Corporation (NYSE:FDX) was a part of 62 hedge fund portfolios at the end of Q2 2023, up from 55 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds have a collective value of over $2.48 billion.

6. Walmart Inc. (NYSE:WMT)

Bill Gates’ Stake Value: $484,613,329

Walmart Inc. (NYSE:WMT) is one of the world’s largest retail corporations, operating a chain of hypermarkets, discount department stores, and grocery stores. The company also has a significant online presence. It has a 50-year run of raising its dividends consistently, which makes WMT one of the best dividend stocks on our list. The company offers a quarterly dividend of $0.57 per share and has a dividend yield of 1.34%, as recorded on November 15.

The Gates Foundation boosted its position in Walmart Inc. (NYSE:WMT) by 1% at the end of Q3 2023. The hedge fund owned over 3 million WMT shares, worth more than $484.6 million. The company made up 1.24% of the firm’s 13F portfolio.

At the end of June 2023, 81 hedge funds tracked by Insider Monkey reported having stakes in Walmart Inc. (NYSE:WMT), compared with 91 in the preceding quarter. These stakes are collectively valued at over $5.4 billion.

Click to continue reading and see Bill Gates’ Top 5 Dividend Stocks.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on May 1, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

Published on May 2, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up