Billionaire Andreas Halvorsen’s Top 5 Best Dividend Stock Picks

3. Air Products & Chemicals, Inc. (NYSE: APD)

Viking Global acquired 636,600 shares of Air Products & chemicals inc. in the last quarter. It is one of the 50 hedge funds that owned the stock in Q4 2020. Millennium Management is the largest hedge fund shareholder with 762,666 shares, followed by Viking. The stock has a dividend yield of 2.09%.

Air Products & chemicals inc. is a Pennsylvania-based company that makes industrial gas projects. The company also runs some of the projects through which it makes syngas from natural resources to produce chemicals, fuels, and high-value power.

Air Products scooped up the remaining 50% of the gasification project pursued in collaboration with China Energy Group. The company previously acquired the first half of the shares in the joint venture after it was acquired from General Electric in 2019.