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Ken Fisher is the founder and CEO of Fisher Investments and the author of eight books, including four New York Times bestsellers. Ken Fisher has been writing the Portfolio Strategy column for Forbes for over 26 years. Since Forbes started measuring returns in 1997, Ken Fisher's picks have outperformed the SPY by 5.2 percentage points on average annually.

Below we compiled a list of Ken Fisher's high dividend stock picks at Fisher Asset Management's most recent 13F filing. We required a minimum dividend yield of 3% and yields were obtained from Finviz. Here are Fisher's favorite high dividend stock picks:

Stock

Sector*

Market Cap

Dividend Yield

P/E

Return (52- week)

GENERAL ELECTRIC (NYSE:GE)

5

198.9

3.6%

15.4

4.8%

PROCTER & GAMBLE (NYSE:PG)

4

181.1

3.2%

16.7

3.8%

JOHNSON & JOHNSON (NYSE:JNJ)

2

178.2

3.5%

15.9

7.5%

PFIZER (NYSE:PFE)

2

167.9

4.0%

17.2

24.9%

INTEL CORP (NASDAQ:INTC)

3

128.0

3.3%

10.9

22.3%

SANOFI (NYSE:SNY)

2

94.8

5.2%

15.7

7.6%

UNILEVER (NYSE:UN)

4

90.0

3.9%

16.5

9.9%

SIEMENS (SI)

3

87.6

4.2%

9.7

-19.2%

ABBOTT LABORATORIES (NYSE:ABT)

2

86.3

3.5%

19.1

21.3%

CNOOC (NYSE:CEO)

6

86.3

3.2%

8.1

-20.0%

BANCO SANTANDER (STD)

1

60.6

12.1%

5.4

-31.0%

BANK OF NOVA SCOTIA (NYSE:BNS)

1

55.4

4.0%

11.3

-6.6%

EMERSON ELECTRIC COMPANY (NYSE:EMR)

5

35.7

3.3%

14.9

-14.0%

CREDIT SUISSE (NYSE:CS)

1

27.2

6.5%

8.6

-46.8%

*1- Financial, 2- Healthcare, 3- Technology, 4- Consumer Goods, 5- Industrial Goods, 6- Basic Materials

General Electric Company is a technology, service, and finance company operating worldwide. Shares of GE recently traded at $18.84 with a trailing price to earnings of 15.44 and a forward price to earnings of 12. GE has a 3.61% dividend yield and gained 4.84% during the past 12 months. The stock has a market cap of $198.9 billion and total debt/equity ratio of 3.75. GE has an estimated growth rate of 14.6% for this year and 13.38% for next five years. Ken Fisher had $479 million invested in GE shares.

Procter & Gamble provides consumer packaged goods worldwide. Shares of PG recently traded at $65.81 with a trailing price to earnings of 16.7 and a forward price to earnings of 14.43. PG has a 3.19% dividend yield and gained 3.77% during the past 12 months. The stock has a market cap of $181.1 billion and total debt/equity ratio of 0.52. PG has an estimated growth rate of 8.83% for this year and 8.68% for next five years. Fisher had $266 million invested in PG shares.

Johnson & Johnson provides various products in the health care field worldwide. Shares of JNJ recently traded at $65.26 with a trailing price to earnings of 15.92 and a forward price to earnings of 12.48. JNJ has a 3.49% dividend yield and gained 7.51% during the past 12 months. The stock has a market cap of $178.2 billion and total debt/equity ratio of 0.3. JNJ has an estimated growth rate of 5.23% for this year and 6.2% for next five years. Fisher had $686 million invested in JNJ shares.

Pfizer is one of the leading biopharmaceutical companies operating worldwide. Shares of PFE recently traded at $21.84 with a trailing price to earnings of 17.2 and a forward price to earnings of 9.41. PFE has a 4.03% dividend yield and gained 24.94% during the past 12 months. The stock has a market cap of $167.9 billion and total debt/equity ratio of 0.46. PFE has an estimated growth rate of 1.75% for this year and 3.05% for next five years. Fisher had $389 million invested in PFE shares.

Intel Corporation is a major diversified electronics company. Shares of INTC recently traded at $25.14 with a trailing price to earnings of 10.88 and a forward price to earnings of 10.56. INTC has a 3.34% dividend yield and gained 22.28% during the past 12 months. The stock has a market cap of $128 billion and total debt/equity ratio of 0.15. INTC has an estimated growth rate of 0.42% for this year and 10.6% for next five years. Fisher had $414 million invested in INTC shares. Warren Buffett initiated a $199 million position in INTC during the third quarter of 2011. Paul Ruddock and Steve Heinz's Lansdowne Partners had $491.52 million at the end of September.

Sanofi-Aventis engages in the discovery, development, and distribution of therapeutic solutions to improve lives. Shares of SNY recently traded at $35.32 with a trailing price to earnings of 15.7 and a forward price to earnings of 8.76. SNY has a 5.16% dividend yield and gained 7.55% during the past 12 months. The stock has a market cap of $94.8 billion and total debt/equity ratio of 0. SNY has an estimated growth rate of -12.01% for this year and 2% for next five years. Fisher had $483 million invested in SNY shares.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: Ken Fisher's 14 Recent High-Dividend Stock Picks