Billionaire Steven Cohen’s Top 5 High Dividend Stock Picks

4. Chevron Corporation (NYSE:CVX)

Point72 Asset Management’s Stake Value: $132,780,325
Dividend Yield as of November 20: 4.16%

An American energy company, Chevron Corporation (NYSE:CVX) is next on our list of the best high-dividend stocks in billionaire Steve Cohen’s portfolio. During the third quarter, his hedge fund boosted its position in the company significantly by 23,365%. The firm ended the quarter with CVX stakes worth over $132.7 million, which accounted for 0.38% of its 13F portfolio.

Chevron Corporation (NYSE:CVX) has been growing its dividends for the past 36 years. The company currently offers a quarterly dividend of $1.51 per share and has a dividend yield of 4.16%, as of November 20.

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