Steven Cohen is the founder of SAC Capital. Cohen is one of the legendary investors and the 106th richest man in the world, with a net worth of $8.3 billion. Cohen's investment strategy is based on both fundamental and quantitative analyses.
Below, we compiled a list of Steven Cohen 's high-dividend stock picks from SAC Capital's most recent 13F filing. Cohen holds a more than a $10 million position in each stock in our list. All stocks in this list have a dividend yield above 4.5%. Steven Cohen's other top holdings are listed on Insider Monkey. We obtained market data from Finviz, Morningstar and MSN Money, and hedge fund holdings from Insider Monkey.
Stock | Market Cap | Sector* | Dividend Yield | P/E | Beta |
BP plc (BP) | 129.8 | 1 | 4.7% | 5.4 | 1.21 |
ConocoPhillips (COP) | 67.2 | 1 | 5.0% | 5.8 | 1.13 |
Exelon Corporation (EXC) | 25.5 | 2 | 5.5% | 12.7 | 0.54 |
PPL Corporation (PPL) | 15.8 | 2 | 5.3% | 10.1 | 0.39 |
Entergy Corporation (ETR) | 11.5 | 2 | 5.1% | 12.3 | 0.53 |
Cablevision Systems Corporation (CVC) | 3.5 | 3 | 4.6% | 16.1 | 1.39 |
1-Basic Materials 2-Utilities 3-Services
BP (BP) is a major integrated energy company. Shares of BP recently traded at $41.3, and it has a 4.7% dividend yield. BP lost 2% during the past 12 months. The stock has a market cap of $129.8 billion and Total Debt/Equity ratio of 0.39. BP also had an EPS growth rate of 3.9% during the last five years. Cohen had $14 million invested in BP shares. We believe that BP is a very good buy opportunity with a trailing price to earnings of 5.37, and a forward price to earnings of 6.01. Conservative value investor Seth Klarman also holds a $500 million position in BP.
ConocoPhillips (COP) is an integrated energy company operating worldwide. Shares of COP recently traded at $52.57 and has a 5% dividend yield. COP gained 0.5% during the past 12 months. The stock has a market cap of $67.2 billion, P/E ratio of 5.8 and Total Debt/Equity ratio of 0.43. COP also had an EPS growth rate of -1.5% during the last five years. COP has plans to sell $10 billion of assets in 2012, namely from Vietnam. Cohen had $15 million invested in COP shares.
Exelon Corporation (EXC) generates electricity in the United States. Shares of EXC recently traded at $38.2 and has a 5.5% dividend yield. EXC lost 1.4% during the past 12 months. The stock has a market cap of $25.5 billion, P/E ratio of 12.7 and Total Debt/Equity ratio of 0.86. EXC also had an EPS growth rate of 9.8% during the last five years. Cohen had $18 million invested in EXC shares.
PPL Corporation (PPL) provides transmission, distribution, and sale of electricity in the U.S. and the UK. Shares of PPL recently traded at $27.33 and has a 5.3% dividend yield. Shares of PPL gained 5% during the past 12 months. The stock has a market cap of $15.8 billion, P/E ratio of 10.1 and Total Debt/Equity ratio of 1.72. PPL also had an EPS growth rate of 4.5% during the last five years. Cohen had $46 million invested in PPL shares.
Entergy Corp (ETR) is one of the leading electric utilities companies in the United States. Shares of ETR recently traded at $64.75, and it has a 5.1% dividend yield. ETR lost 0.3% during the past 12 months. The stock has a market cap of $11.5 billion, P/E ratio of 12.3 and Total Debt/Equity ratio of 1.37. ETR also had an EPS growth rate of 7.1% during the last five years. Cohen had $15 million invested in ETR shares.
Cablevision Systems (CVC) operates as a telecommunications and media company. Shares of CVC recently traded at $12.91, and it has a 4.6% dividend yield. CVC lost 43.1% during the past 12 months. The stock has a market cap of $3.5 billion, P/E ratio of 16.1 and Total Debt/Equity ratio of 0. CVC also had an EPS growth rate of 38.9% during the last five years. Cohen had $17 million invested in CVC shares.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
