With a career spanning more than 66 years, John A. Levin is one of the most seasoned Wall Street investors. He established the New York-based investment management company Levin Capital Strategies in 2005. He is the company’s chairman and CEO at the moment. As of Q1 2022, the 13F portfolio value of Levin Capital is worth about $1.03 billion. The portfolio is heavily weighted in the technology and financial sectors, with Apple Inc. and Microsoft Corporation having substantial holdings.
Insider Monkey discussed 10 high-yield dividend stocks in John A. Levin’s portfolio. Electricity is produced by power facilities for distribution by the AES Corporation, a firm based in Virginia. The business has a solid track record of paying dividends, and it presently pays $0.158 per share on a quarterly basis. The stock’s dividend yield was 3.28 percent as of June 20. An American custodian bank and provider of securities services is The Bank of New York Mellon Corporation. The company’s assets under management increased by 2% from the same period in Q1 2021 to over $2.3 trillion in Q1 2022. Due to the pandemic, AvalonBay Communities, Inc. has been unable to increase its dividend since 2019. Despite this, the firm has given stockholders uninterrupted dividends since its founding in 1994. In comparison to the same time last year, the company’s same-store sales increased by a combined 13 percent in May and April. For more than a decade, Levin Capital has been a shareholder in Pfizer Inc. $18.56 million, or 1.79 percent of John A. Levin’s portfolio, was invested by the fund in the company in the first quarter. An integrated oil and gas corporation, Exxon Mobil Corporation explores for and produces crude oil, natural gas, and natural gas liquids. The business belongs to the Dividend Aristocrat group and has a 39-year track record of steady dividend growth. For more details, click 10 high-yield dividend stocks to buy according to John A. Levin’s Levin Capital.