Below are billionaire Ken Fisher’s top 5 high dividend stock picks. For a comprehensive list and portfolio management strategy of Ken Fisher please see Billionaire Ken Fisher’s Top 10 High Dividend Stock Picks.
5. BHP Group (NYSE: BHP)
BHP Group (NYSE: BHP) currently offers a dividend yield of 5.8% to shareholders. In addition, the shareholders have also been benefiting from the sustainable growth in share price. Shares of BHP surged 6% this year, extending twelve-month gains to 90%. Fisher Asset Management first initiated a position in BHP in 2018 and raised its stake by 1% to 7.8 million shares in Q4 of 2020.
Money managers were taking an optimistic view on BHP. The number of long hedge fund positions advanced by 2 lately. BHP Group (NYSE: BHP) was in 20 hedge funds’ portfolios at the end of December.