Six people and $28 million were the only resources D. E. Shaw had when he started the New York-based hedge fund. Shaw has a current real-time net worth of $7.5 billion as of January 2022. Computational finance has been the firm’s primary focus since its inception. D. E. Shaw’s flagship Composite Fund lost money in a single year. The fund returned 18.5 percent in 2021, a return of double digits. These include Walmart Inc., Intel Corporation, and The Coca-Cola Company.
Insider Monkey discusses the 10 best dividend stocks in billionaire D. E. Shaw’s portfolio. By acquiring a 75% stake, D E Shaw has amassed a total of $185 million. 0.16 percent of D. E. Shaw’s portfolio was held by Comcast Corporation. Comcast Corporation has been named Deutsche Bank’s cable stock of the year for 2022. An American company called NextEra Energy, Inc. focuses on the development of clean energy projects. To put this in perspective, the utility sector’s average dividend yield is 3.25 percent, whereas the company’s dividend yield is 1.83 percent. At $0.69 per share, the quarterly dividend of Merck & Co. has risen by 6%. As of this writing, the stock’s dividend yield is 3.36 percent, compared to the broad market’s average dividend yield of 1.33 percent. After an 18-year run of dividend growth, Exxon Mobil Corporation will cut its dividend in late 2020. However, on October 27, 2021, the company increased its quarterly dividend by 1% to $0.88 per share. In terms of dividends, Coca-Cola is one of the most well-known. February 2022 is expected to see the company’s 60th consecutive dividend increase. Berkshire Hathaway, D.E. Shaw, and 61 other hedge funds were all positive on the stock in the third quarter. For more details, click the 10 Best Dividend Stocks In Billionaire D. E. Shaw’s Portfolio.