Steven A. Cohen's SAC CapitalPartners is considered by many to be the top hedge fund group in the country, purportedly returning in excess of 40% every year since the fund's inception.
The fund group, which has $12 billion under management, charges management fees of as much as 50% of the annual returns, among the highest in the industry. In 2005, Cohen earned more than $1 billion and was rated the second-highest-paid hedge fund manager by
Stockpickr.com has reviewed
all of SAC Capital's stockholdings and extracted the stocks with the highest yields in the
Top Dividend Stocks of a Top Hedge Fund. For those investors who are looking for stocks that a top trader likes and who want the stability of a dividend to help them through the ups and downs of the recent stock market turmoil, these high-yield SAC stocks are worth a look.
One of the highest-yielding stocks on the list is
, which has been in the news recently in a heated advertising feud with rival Miller Brewing Co. Anheuser-Busch also recently reported a 10.8% increase in
. The stock has a price-to-earnings (P/E) ratio of 18.4, a P/E-to-growth ratio of 2.1 and a yield of 2.7%.
Another BUD shareholder is
, a hedge fund that's been around for more than 30 years. It is managed by Ray Dalio and has $160 billion under management. Bridgewater also owns
, which has a yield of 2.2%,
Johnson & Johnson
, with a yield of 2.5%, and
, which pays 2%.
Another high-yielding stock owned by SAC is
. The specialty chemicals and materials company recently fiscal fourth-quarter earnings that showed an 11.1% decline in net income. The stock has a P/E of 18, a PEG of 1 and a yield of 2.2%.
Cabot appears in the
Top Nanotechnology Stocks, a Stockpickr portfolio that contains thenanotech stocks with low PEG ratios and market caps over $1 billion. Other stocks in this portfolio include
Taiwan Semiconductor Manufacturing
, with a yield of 3.7%,
, with a 1.3% yield, and
, with a 4% yield.
is another stock favored by SAC. The utility services holding company, which serves northern Illinois and southeastern Pennsylvania, offers a P/E of 19, a PEG of 2.2 and a yield of 2.1%.
Exelon stock is also owned by
FirstTrust Value Line Dividend, which holds only high-dividend companies. Its average annualized return has been 16.6% for the last three years. The fund also owns
, which yields 3.9%,
, which pays 4.6%, and
, which pays 3.3%.
To see the rest of the fund's high-yield stocks, check out the
Top Dividend Stocks of a Top Hedge Fund, and to see its entire stockholdings, go to the
SAC Capital portfolio, both at Stockpickr.com.
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