Billionaire David Tepper’s Top Dividend Stocks

In Whirlpool Corporation (NYSE:WHR), Appaloosa owns nearly 1.70 million shares, valued at $329.09 million, the company representing one of the fund’s long-term investments. With a quarterly dividend of $0.75, Whirpool sports a dividend yield of 1.52%. The producer of home appliances saw its stock surge by almost 40% in the last year, although so did most of its peers, as the consumer electronics industry gained 35% during the same period. Earlier this year, JPMorgan raised its price target on the stock to $210, from $190, maintaining ‘Neutral’ rating. Last year, Whirlpool Corporation (NYSE:WHR) made two important steps in global expansion as it bought a 67% stake in Italian Indesit and 51% in Chinese Hefei Rongshida Sanyo Electric Co. of China, which makes appliances under the Hotpoint and Scholtes brands. All in all, the company is looking optimitistic at 2015, expecting payoffs from its acquisitions and lower raw-material costs. Some investors seem to share the same sentiments, such as Ken Griffin’s Citadel Investment Group, which raised its stake in Whirlpool Corporation (NYSE:WHR) by 74% during the October-December period to 1.62 million shares.

Finally, there is Huntsman Corporation (NYSE:HUN), a $5.30 billion manufacturer of chemical products. While General Motors and Whirlpool are both among the top five holdings in Appaloosa’s equity portfolio, Huntsman is only on the 12th spot. The hedge fund owns 6.11 million shares of the company, valued at $139.28 million. However, Huntsman Corporation (NYSE:HUN) pays a dividend of $0.13, which gives it a yield of 2.30%. Huntsman doesn’t have a long dividend history, but the company started to pay dividends two years after going public in 2005. Moreover, the company’s has last increased its dividend a couple of years ago, the previous dividend amounting to $0.10. Among over 700 funds that we track, the largest sharheolder of Huntsman Corporation (NYSE:HUN) is Dinakar Singh’s TPG-Axon Management, which raised its stake by 90% during the fourth quarter to 8.37 million shares.

Disclosure: none