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Jim Simons retired from Renaissance Technologies in 2010, but he still owns between 25 to 50 percent of the hedge fund. Renaissance Technologies manages over $25 billion of assets in several funds and the firm's funds earned net returns higher than 30% in 2011.

Below we compiled a list of top 6 high-dividend stocks in Renaissance Technologies' most recent 13F filing. Renaissance Technologies holds a more than $35 million position in each stock in our list. All companies have trailing and forward P/E ratios of lower than 15 and dividend yields higher than 4%. Jim Simons' other top holdings are listed on Insider Monkey. We obtained hedge fund holdings from Insider Monkey, 10-Year Summary data from Morningstar and all other market data from Finviz.

Stock

Market Cap
(Billion $)

Sector

Dividend Yield

P/E

Payout Ratio

Profit Margin

Intel (INTC)

109.8

Technology

4.1%

9.6

39.4%

22.1%

Lorillard (LO)

15.0

Consumer Goods

5.4%

14.1

76.1%

16.7%

Altria (MO)

64.6

Consumer Goods

5.5%

14.7

80.9%

18.2%

PDL BioPharma (PDLI)

1.1

Healthcare

7.4%

6.1

45.1%

55.2%

CA Technologies (CA)

10.7

Technology

4.4%

11.6

51.0%

19.8%

Westar Energy (WR)

3.7

Utilities

4.5%

14.8

66.6%

11.4%


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Intel recently traded at $21.95 with a trailing price to earnings of 9.59 and a forward price to earnings of 10.98. INTC has a 4.1% dividend yield and lost 9.75% during the past 12 months. The stock has a market cap of $109.8 billion and Total Debt/Equity Ratio of 0.15. INTC has an estimated growth rate of 10.72% for next five years. Simons had $453 million invested in INTC shares. Paul Ruddock's Lansdowne Partners hold the largest position in INTC with its $539 million investment at the end of June.


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Lorillard recently traded at $114.57 with a trailing price to earnings of 14.09 and a forward price to earnings of 12.19. LO has a 5.41% dividend yield and gained 6.26% during the past 12 months. The stock has a market cap of $15 billion. LO has an estimated growth rate of 9.05% for next five years. Simons had $259 million invested in LO shares.


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Altria recently traded at $31.76 with a trailing price to earnings of 14.7 and a forward price to earnings of 13.34. MO has a 5.54% dividend yield and gained 20.99% during the past 12 months. The stock has a market cap of $64.6 billion and Total Debt/Equity Ratio of 3.2. MO has an estimated growth rate of 6.66% for next five years. Simons had $88 million invested in MO shares.


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PDL Biopharma recently traded at $8.07 with a trailing price to earnings of 6.07 and a forward price to earnings of 4.61. PDLI has a 7.43% dividend yield and gained 44.62% during the past 12 months. The stock has a market cap of $1.1 billion. PDLI has an estimated growth rate of 15.5% for next five years. Simons had $75 million invested in PDLI shares.


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CA Technologies recently traded at $22.73 with a trailing price to earnings of 11.6 and a forward price to earnings of 8.51. CA has a 4.4% dividend yield and gained 5.87% during the past 12 months. The stock has a market cap of $10.7 billion and Total Debt/Equity Ratio of 0.24. CA has an estimated growth rate of 9.33% for next five years. Simons had $67 million invested in CA shares.


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Westar Energy recently traded at $29.53 with a trailing price to earnings of 14.84 and a forward price to earnings of 14.33. WR has a 4.47% dividend yield and gained 12.15% during the past 12 months. The stock has a market cap of $3.7 billion and Total Debt/Equity Ratio of 1.23. WR has an estimated growth rate of 5.48% for next five years. Simons had $39 million invested in WR shares.


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Source: Jim Simons' 6 Favorite High-Dividend Stock Picks

Additional disclosure: Dividendinvestr is a team of analysts. This article was written by Serkan Unal, one of our writers. We did not receive compensation for this article (other than from Seeking Alpha), and we have no business relationship with any company whose stock is mentioned in this article.