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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
(Billion $)

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.

Source: Steven Cohen's 6 Favorite High-Dividend Stock Picks