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Steven Cohen is the founder of SAC Capital, which manages $14 billion in client assets. Cohen is one of the legendary investors and the 106th richest man in the world, with a net worth of $8.8 billion. Cohen graduated from the Wharton School at the University of Pennsylvania in 1978 with a B.A. degree in economics. He founded SAC Capital Advisors 14 years later. Before that, Cohen was running his own trading group at Gruntal & Co. Cohen's investment strategy is based on both fundamental and quantitative analyses.

SAC Capital Advisors has filed a 13G with the SEC to declare that, as of October 2nd, its family of funds owned a total of 7.9 million shares of Superior Energy Services (NYSE:SPN).

Below, I compiled a list of Steven Cohen 's dividend stock picks from SAC Capital's most recent 13F filing. Cohen holds a more than $19 million position in each stock in my list. All stocks in this list have a dividend yield above 3.0% and a P/E ratio of lower than 20. I obtained hedge fund holdings from Insider Monkey and all other market data from Finviz.

Stock

Market Cap
(Billion $)

Industry

Dividend Yield

P/E

Beta

Payout Ratio

Eli Lilly (NYSE:LLY)

56.3

Drug Manufacturers - Major

4.0%

13.2

0.68

52.8%

Willis Group Holdings (NYSE:WSH)

5.9

Insurance Brokers

3.2%

15.7

0.92

50.2%

Intel (NASDAQ:INTC)

110.4

Semiconductor - Broad Line

4.1%

9.6

1.07

39.4%

Lockheed Martin (NYSE:LMT)

30.3

Aerospace/Defense Products & Services

4.9%

10.7

0.93

52.4%

Exelon (NYSE:EXC)

28.0

Diversified Utilities

6.4%

13.5

0.51

86.4%

Microsoft (NASDAQ:MSFT)

248.3

Application Software

3.1%

16.0

0.99

49.6%

General Mills (NYSE:GIS)

25.7

Processed & Packaged Goods

3.3%

15.6

0.16

51.5%

ConocoPhillips (NYSE:COP)

70.0

Major Integrated Oil & Gas

4.6%

10.4

1.13

47.8%

PPL Corporation (NYSE:PPL)

16.9

Electric Utilities

4.9%

9.9

0.39

48.5%

Kimberly-Clark (NYSE:KMB)

32.9

Personal Products

3.6%

17.6

0.31

63.4%

Eli Lilly provides pharmaceutical products worldwide. LLY recently traded at $48.55 with a trailing price to earnings of 13.19 and a forward price to earnings of 12.88. LLY has a 4.04% dividend yield and gained 36.95% during the past 12 months. The stock has a market cap of $56.3 billion and Total Debt/Equity Ratio of 0.35. Cohen had $107 million invested in LLY shares. Jim Simons' Renaissance Technologies holds the largest position in LLY with its $474 million investment at the end of June. Andreas Halvorsen's Viking Global initiated a $150 million brand new position in LLY during the second quarter.

Willis Group Holdings Public Limited Company provides various insurance brokerage, reinsurance, and risk management consulting services worldwide. WSH recently traded at $34.02 with a trailing price to earnings of 15.68 and a forward price to earnings of 12.37. WSH has a 3.17% dividend yield and lost 2.8% during the past 12 months. The stock has a market cap of $5.9 billion and Total Debt/Equity Ratio of 0.89. Cohen had $69 million invested in WSH shares. Jeffrey Ubben's Valueact Capital holds the largest position in WSH with its $404 million investment at the end of June. Mason Hawkins' Southeastern Asset Management and Jean-Marie Eveillard's First Eagle Investment Management both also hold more than $150 million positions in WSH at the end of June.

Intel provides integrated digital technology platforms worldwide. INTC recently traded at $22.06 with a trailing price to earnings of 9.63 and a forward price to earnings of 11.2. INTC has a 4.08% dividend yield and lost 4.63% during the past 12 months. The stock has a market cap of $110.4 billion and Total Debt/Equity Ratio of 0.15. INTC has an estimated growth rate of 22.13% for this year and 10.61% for next five years. Cohen had $53 million invested in INTC shares. Paul Ruddock's Lansdowne Partners holds the largest position in INTC with its $539 million investment at the end of June. Jim Simons also had $453 million invested in INTC shares.

Lockheed Martin is one of the leading security and aerospace companies operating worldwide. LMT recently traded at $93.72 with a trailing price to earnings of 10.7 and a forward price to earnings of 11.4. LMT has a 4.91% dividend yield and gained 32.79% during the past 12 months. The stock has a market cap of $30.3 billion and Total Debt/Equity Ratio of 2.67. Cohen had $42 million invested in LMT shares.

Exelon is a utility services holding company. EXC recently traded at $32.77 with a trailing price to earnings of 13.49 and a forward price to earnings of 12.56. EXC has a 6.41% dividend yield and lost 20.83% during the past 12 months. The stock has a market cap of $28 billion and Total Debt/Equity Ratio of 0.88. Cohen had $21 million invested in EXC shares.

Microsoft provides software products and services; and hardware products worldwide. MSFT recently traded at $29.5 with a trailing price to earnings of 15.95 and a forward price to earnings of 9.1. MSFT has a 3.12% dividend yield and gained 16.65% during the past 12 months. The stock has a market cap of $248.3 billion and Total Debt/Equity Ratio of 0.17. Cohen had $23 million invested in MSFT shares.

General Mills provides branded consumer foods worldwide. GIS recently traded at $39.81 with a trailing price to earnings of 15.55 and a forward price to earnings of 13.73. GIS has a 3.32% dividend yield and gained 7.28% during the past 12 months. The stock has a market cap of $25.7 billion and Total Debt/Equity Ratio of 1.29. Cohen had $21 million invested in GIS shares.

ConocoPhillips is an integrated energy company operating worldwide. COP recently traded at $57.65 with a trailing price to earnings of 10.37 and a forward price to earnings of 9.96. COP has a 4.58% dividend yield and gained 16.46% during the past 12 months. The stock has a market cap of $70 billion and Total Debt/Equity Ratio of 0. Cohen had $19 million invested in COP shares.

PPL Corporation is an energy and utility holding company. PPL recently traded at $29.19 with a trailing price to earnings of 9.89 and a forward price to earnings of 12.01. PPL has a 4.93% dividend yield and gained 5.76% during the past 12 months. The stock has a market cap of $16.9 billion and Total Debt/Equity Ratio of 1.79. Cohen had $21 million invested in PPL shares.

Kimberly-Clark provides health care products worldwide. KMB recently traded at $83.34 with a trailing price to earnings of 17.55 and a forward price to earnings of 14.91. KMB has a 3.55% dividend yield and gained 26.06% during the past 12 months. The stock has a market cap of $32.9 billion and Total Debt/Equity Ratio of 0. Cohen had $19 million invested in KMB shares.

Source: Steven Cohen's 10 Favorite 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.