Billionaire Jim Simons’ Top 5 High-Dividend Stocks

In this article, we discuss billionaire Jim Simons’ top 5 high-dividend stocks. If you want to read our detailed analysis of Renaissance Technologies’ holdings and past performance, go directly to read Billionaire Jim Simons’ Top 12 High-Dividend Stocks.

5. Flowers Foods, Inc. (NYSE:FLO)

Renaissance Technologies Stake Value: $120,444,000
Dividend Yield as of November 20: 4.40%

Flowers Foods, Inc. (NYSE:FLO) is an American bakery company that specializes in producing and marketing a variety of fresh bakery products. Renaissance Technologies increased its position in the company by 6% during the third quarter of 2023. The hedge fund owned over 5.4 million shares in the company, worth over $120.4 million. The company accounted for 0.2% of the firm’s 13F portfolio.

Flowers Foods, Inc. (NYSE:FLO), one of the best high-dividend stocks in billionaire Jim Simons’ portfolio, currently pays a quarterly dividend of $0.23 per share. In 2023, the company stretched its dividend growth streak to 21 years. The stock has a dividend yield of 4.40%, as of November 20.

At the end of Q2 2023, 21 hedge funds tracked by Insider Monkey owned investments in Flowers Foods, Inc. (NYSE:FLO) , worth collectively roughly $146 million.