Top 15 Dividend Stocks To Buy According to Billionaires

Published on December 10, 2023 at 4:41 pm by Vardah Gill in Dividend Stocks, Hedge Funds, News

In this article, we discuss top 15 dividend stocks according to billionaires. You can skip our detailed analysis of dividend stocks and their previous performance, and go directly to read Top 5 Dividend Stocks To Buy According to Billionaires.

Dividend stocks hold a universal appeal, capturing the interest of both everyday investors and billionaires. Take Warren Buffett, for example. He’s a strong advocate for dividend stocks and consistently incorporates a wide range of these equities into his investment portfolio each quarter. According to a Wall Street Journal article, Berkshire Hathaway is projected to get $5.7 billion in dividends for 2023. It’s a given that when companies experience surging profits, it translates into immense wealth for the wealthiest individuals. Ownership of shares tends to be concentrated among those with higher incomes. For instance, in the US, the richest 1% own more than half of all shares. Sometimes, these prosperous companies are owned and managed by a small cluster of billionaire individuals and families. As profits grow, so does their wealth. Consider the Walton family, who controls half of Walmart, a major US retailer. In 2022 alone, they received a staggering $8.5 billion from dividends and buybacks, contributing significantly to their already substantial wealth, according to a paper published by Oxfam.

Billionaires’ keen interest in dividend stocks stems from the impressive track record these stocks have displayed in the past. Their performance has been robust, showcasing consistent growth and stability over time. Dividends have been a significant part of investors’ gains over the last 50 years. Looking at the period since 1960, about 69% of the total profit from the S&P 500 Index comes from reinvested dividends and the multiplying effect of compound interest.

Dividend stocks have caught investors’ interest primarily because of their enticing dividend yield, which is the percentage of annual dividends compared to a stock’s price. However, some studies have revealed an intriguing trend that stocks boasting high dividend yields haven’t performed as well over the long term as those consistently increasing their dividends. As per a ProShares report, in the last five periods of increasing interest rates since 2005, dividend growth has consistently performed better than high dividend yield by an average of around 4%. This suggests that focusing on companies with a history of steadily increasing their dividends might be a reliable strategy across various market conditions, regardless of changes in interest rates.

The Procter & Gamble Company (NYSE:PG), Colgate-Palmolive Company (NYSE:CL), and PepsiCo, Inc. (NASDAQ:PEP) are some of the best dividend stocks with dividend growth. In this article, we will further discuss prominent dividend stocks among billionaires.

Image by Sergei Tokmakov Terms.Law from Pixabay

Our Methodology:

For this article, we first scanned the database of billionaire-owned stocks maintained by Insider Monkey as of Q3 2023. From this list, we picked the top 15 dividend stocks with a dividend yield of over 4%, as of December 10. The companies mentioned below have strong dividend histories. We also measured hedge fund sentiment around each stock from our database of 910 hedge funds at the end of Q3. The stocks are ranked in ascending order of the number of billionaire investors having stakes in them.

15. Crown Castle Inc. (NYSE:CCI)

Number of Billionaire Investors: 13

Dividend Yield as of December 10: 5.39%

Crown Castle Inc. (NYSE:CCI) is a real estate investment trust company that specializes in owning, operating, and leasing shared communications infrastructure. The company was a part of 13 billionaire portfolios in Q3 2023, with prominent investors like Ken Fisher and Cliff Asness holding stakes in it. It is one of the best dividend stocks on our list as the company maintains an eight-year streak of consistent dividend growth. It currently pays a quarterly dividend of $1.565 per share and has a dividend yield of 5.39%, as of December 10.

At the end of Q3 2023, 45 hedge funds tracked by Insider Monkey reported having stakes in Crown Castle Inc. (NYSE:CCI), up from 41 in the previous quarter. The collective value of these stakes is over $886.2 million.

14. Morgan Stanley (NYSE:MS)

Number of Billionaire Investors: 13

Dividend Yield as of December 10: 4.13%

Morgan Stanley (NYSE:MS) is a New York-based investment banking company that operates in various segments of the finance industry. The company offers a wide range of related services to its consumers. On October 18, the company declared a quarterly dividend of $0.85 per share, which was in line with its previous dividend. As of December 10, the stock has a dividend yield of 4.13%.

As of the end of Q3 2023, 59 hedge funds in Insider Monkey’s database owned stakes in Morgan Stanley (NYSE:MS), growing from 54 in the preceding quarter. These stakes are collectively valued at more than $2.5 billion. Billionaires Mario Gabelli and Israel Englander were some of the company’s leading stakeholders in Q3.

13. Duke Energy Corporation (NYSE:DUK)

Number of Billionaire Investors: 14

Dividend Yield as of December 10: 4.34%

Duke Energy Corporation (NYSE:DUK) is an American power holding company, based in North Carolina. The company primarily generates, transmits, distributes, and sells electricity to residential, commercial, industrial, and wholesale customers. It holds one of the longest streaks of paying regular dividends to shareholders, spanning over 97 years. In addition to this, the company has been raising its dividends consistently for the past 12 years, which makes DUK one of the best dividend stocks on our list. The stock’s dividend yield on December 10 came in at 4.34%.

At the end of September 2023, 39 hedge funds tracked by Insider Monkey held stakes in Duke Energy Corporation (NYSE:DUK), which remained the same in the previous quarter. These stakes have a total value of over $428.5 million. Ken Griffin and Cliff Asness were the company’s most prominent shareholders in Q3.

12. International Business Machines Corporation (NYSE:IBM)

Number of Billionaire Investors: 14

Dividend Yield as of December 10: 4.10%

An American multinational tech giant, International Business Machines Corporation (NYSE:IBM) is next on our list of the best dividend stocks to consider. The company has been raising its dividends for 28 consecutive years and pays a quarterly dividend of $1.66 per share. As of December 10, the stock has a dividend yield of 4.10%.

The number of hedge funds in Insider Monkey’s database owning stakes in International Business Machines Corporation (NYSE:IBM) grew to 53 in Q3 2023, from 51 in the preceding quarter. These stakes have a total value of more than $843 million. Billionaire Cliff Asness’ AQR Capital Management owned one of the largest stakes in the company worth $101.5 million.

11. United Parcel Service, Inc. (NYSE:UPS)

Number of Billionaire Investors: 14

Dividend Yield as of December 10: 4.15%

United Parcel Service, Inc. (NYSE:UPS) is a Georgia-based package delivery and supply chain management company that offers a wide range of logistics services. It currently pays a quarterly dividend of $1.62 per share and has a dividend yield of 4.15%, as of December 10. It is one of the best dividend stocks on our list as the company has been rewarding shareholders with growing dividends for the past 21 years.

Insider Monkey’s database of Q3 2023 showed that 42 hedge funds owned stakes in United Parcel Service, Inc. (NYSE:UPS), worth collectively over $1.83 billion. Among these stakeholders, billionaires Ken Griffin and D. E. Shaw owned the most prominent stake in the company.

10. The Kraft Heinz Company (NASDAQ:KHC)

Number of Billionaire Investors: 14

Dividend Yield as of December 10: 4.42%

The Kraft Heinz Company (NASDAQ:KHC) is an American multinational food and beverage company. It is one of the best dividend stocks on our list as the company has been paying regular dividends to shareholders since its merger in 2015. It currently pays a quarterly dividend of $0.40 per share and has a dividend yield of 4.42%, as of December 10.

As of the close of the third quarter of 2023, 40 hedge funds in Insider Monkey’s database owned investments in The Kraft Heinz Company (NASDAQ:KHC), up from 39 in the previous quarter. These stakes are collectively worth nearly $12 billion. Billionaire Warren Buffett’s Berkshire Hathaway was the company’s leading stakeholder in Q3.

9. AT&T Inc. (NYSE:T)

Number of Billionaire Investors: 15

Dividend Yield as of December 10: 6.56%

AT&T Inc. (NYSE:T) is a leading provider of telecommunications services, offering wireless communication services to consumers and businesses. They provide mobile phone services, data plans, and internet connectivity through their extensive network infrastructure. The company’s quarterly dividend currently stands at $0.2775 per share for a dividend yield of 6.56%, as recorded on December 10. It is among the best dividend stocks on our list.

AT&T Inc. (NYSE:T) was a part of 52 hedge fund portfolios at the end of Q3 2023, compared with 56 in the previous quarter, as per Insider Monkey’s database. The stakes owned by these hedge funds have a total value of over $1.7 billion. Ken Griffin, D. E. Shaw, and Cliff Asness were some of the most prominent billionaire stakeholders of the company in Q3.

8. 3M Company (NYSE:MMM)

Number of Billionaire Investors: 16

Dividend Yield as of December 10: 5.80%

3M Company (NYSE:MMM) is an American diversified conglomerate known for innovation in various industries. The company saw growth in hedge fund investors in the third quarter of 2023, with 54 funds owning stakes in it, up from 49 in the previous quarter, as per Insider Monkey’s database. Billionaires Ken Griffin and Cliff Asness were the most prominent stakeholders of the company in Q3.

3M Company (NYSE:MMM), one of the best dividend stocks on our list, holds a 65-year streak of consistent dividend growth. The company pays a quarterly dividend of $1.50 per share and has a dividend yield of 5.80%, as of December 10.

7. ConocoPhillips (NYSE:COP)

Number of Billionaire Investors: 16

Dividend Yield as of December 10: 4.11%

ConocoPhillips (NYSE:COP) is one of the world’s largest independent exploration and production (E&P) companies primarily focused on the energy sector. The company has raised its dividends for the past nine years in a row and it currently pays a quarterly dividend of $0.58 per share. With a dividend yield of 4.11%, as of December 10, COP is one of the best dividend stocks on our list.

At the end of the third quarter of 2023, 62 hedge funds tracked by Insider Monkey reported having stakes in ConocoPhillips (NYSE:COP), the same as in the previous quarter. The collective value of these stakes is more than $3.68 billion. According to our billionaires database, 16 billionaires owned stakes in ConocoPhillips (NYSE:COP), including Ken Fisher and Israel Englander.

6. Philip Morris International Inc. (NYSE:PM)

Number of Billionaire Investors: 17

Dividend Yield as of December 10: 5.69%

Philip Morris International Inc. (NYSE:PM) is a Connecticut-based multinational tobacco company that specializes in the manufacturing and sale of cigarettes and other tobacco-related products. On December 7, the company announced a quarterly dividend of $1.30 per share, which was consistent with its previous dividend. Overall, it has been growing its payouts for 15 consecutive years, which makes PM one of the best dividend stocks on our list. The stock has a dividend yield of 5.67%, as of December 10.

The number of hedge funds in Insider Monkey’s database owning stakes in Philip Morris International Inc. (NYSE:PM) jumped to 62 in Q3 2023, from 54 in the preceding quarter. The consolidated value of these stakes is over $4.7 billion. Billionaire Ken Griffin was one of the company’s most prominent stakeholders in Q3.

Click to continue reading and see Top 5 Dividend Stocks To Buy According to Billionaires.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

175 Teslas
107 Amazons
140 Metas
84 Googles
65 Microsofts
And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

The best part? You can discover everything about this company and its groundbreaking technology right now.

I’ve compiled everything you need to know about this groundbreaking company in a detailed, members-only report.

Trust me — you’ll want to read this report before putting another dollar into any tech stock.

For a ridiculously low price of just $9.99 a month, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

If you’re thinking about getting in, don’t wait – because once Wall Street catches wind of this story, the easy money will be gone.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99 a month.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

The AI infrastructure supercycle
The onshoring boom driven by Trump-era tariffs
A surge in U.S. LNG exports
And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Here’s why this is a deal you can’t afford to pass up:

Access to our Detailed Report on our AI, Tariffs, and Nuclear Energy Stock with 100+% potential upside within 12 to 24 months
BONUS REPORT on our #1 AI-Robotics Stock with 10000% upside potential: Our in-depth report dives deep into our #1 AI/robotics stock’s groundbreaking technology and massive growth potential.
One New Issue of Our Premium Readership Newsletter: You will also receive one new issue per month and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.
One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149
Bonus Content: Premium access to members-only fund manager video interviews
Ad-Free Browsing: Enjoy a month of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Price Guarantee: Your renewal rate will always remain the same as long as your subscription is active.
30-Day Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up

Top 15 Dividend Stocks To Buy According to Billionaires

Published on December 10, 2023 at 4:41 pm by Vardah Gill in Dividend Stocks, Hedge Funds, News

15. Crown Castle Inc. (NYSE:CCI)

14. Morgan Stanley (NYSE:MS)

13. Duke Energy Corporation (NYSE:DUK)

12. International Business Machines Corporation (NYSE:IBM)

11. United Parcel Service, Inc. (NYSE:UPS)

10. The Kraft Heinz Company (NASDAQ:KHC)

9. AT&T Inc. (NYSE:T)

8. 3M Company (NYSE:MMM)

7. ConocoPhillips (NYSE:COP)

6. Philip Morris International Inc. (NYSE:PM)

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Published on October 6, 2025 at by Inan Dogan, PhD

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Published on October 5, 2025 at by Inan Dogan, PhD

Here’s why this is a deal you can’t afford to pass up: