Billionaire Steven Cohen’s Top 5 High Dividend Stock Picks

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In this article, we discuss billionaire Steve Cohen’s top 5 high-dividend stock picks. If you want to read our detailed analysis of Point72 Asset Management’s holding and recent developments, go directly to Billionaire Steven Cohen’s Top High Dividend Stock Picks.

5. Rogers Communications Inc. (NYSE:RCI)

Point72 Asset Management’s Stake Value: $124,313,067
Dividend Yield as of November 20: 3.40%

Rogers Communications Inc. (NYSE:RCI) is a diversified communications and media company involved in various aspects of the telecommunications and media industries. The company currently offers a quarterly dividend of C$0.50 per share and has a dividend yield of 3.40%, as of November 20. Steve Cohen’s hedge fund increased its position in the company by 153% during the third quarter of 2023. The hedge fund’s total stake in the company amounted to over $124.3 million. The company represented 0.36% of the firm’s 13F portfolio.

At the end of Q2 2023, 24 hedge funds in Insider Monkey’s database owned stakes in Rogers Communications Inc. (NYSE:RCI), compared with 25 in the preceding quarter. The consolidated value of these stakes is more than $523.6 million.

Follow Rogers Communications Inc (NYSE:RCI)


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