Billionaire Jim Simons’ Top 5 High-Dividend Stocks

4. Altria Group, Inc. (NYSE:MO)

Renaissance Technologies Stake Value: $125,060,000
Dividend Yield as of November 20: 9.60%

An American tobacco company, Altria Group, Inc. (NYSE:MO) is next on our list of the best high-dividend stocks in billionaire Jim Simons’ portfolio. The company has been raising its dividends for 54 consecutive years and at present, it pays a quarterly dividend of $0.98 per share. The stock’s dividend yield on November 20 came in at 9.60%.

According to Insider Monkey’s database of the second quarter of 2023, 43 hedge funds owned stakes in Altria Group, Inc. (NYSE:MO), worth over $446.2 million.

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