Best Dividend Stocks According To John Overdeck And David Siegel’s Two Sigma Advisors


New York hedge fund Two Sigma Advisors was founded by John Overdeck and David Siegel in 2001. Data science and technological advancements are employed by the hedge fund. Machine learning and distributed computing are two areas of interest for the founders. Over $38.5 billion is in Two Sigma Advisors’ portfolio as of the third quarter of 2021. The hedge fund invests heavily in the technology, healthcare, and service sectors. Microsoft Corporation, Apple Inc., and Meta Platforms, Inc. were among the company’s largest holdings in the third quarter.

Insider Monkey focuses on the dividend stocks in Two Sigma Advisors’ portfolio. For more than a century, Altria Group, Inc. has been dedicated to the production of cigarettes and other tobacco-related items in the United States. In the third quarter of 2021, Two Sigma Advisors increased its stake in the company by 481 percent and now owns approximately 2.6 million shares. US-based holding company AT&T Inc. provides telecommunications, media, and technology solutions to its customers. An annualized dividend yield of 7.60 percent was announced for the company’s stock on December 16th. Consistent dividend growth has been a hallmark of the Coca-Cola Company for the past 59 years. To put it another way, Guggenheim raised its price target for the stock to $66 in January, making the stock a Buy. Despite low vaccination rates, the company’s on-premise sales increased in January. Quarterly Medtronic Plc dividend of $0.63 per share, with a 2.34 percent dividend yield. Dividend growth has been consistent for 44 years now. Dividend growth has slowed to 8% over the last three years, however. Its quarterly dividend has risen by 11 percent to $0.35 per share, with a dividend yield of 2.08 percent. Mondelez International. For the last eight years, the company has raised its dividend without fail, and in the last five years, its dividend has increased at a CAGR of 13.4 percent. For more details, click the 10 Best Dividend Stocks According To John Overdeck And David Siegel’s Two Sigma Advisors.