Top 10 John Paulson Dividend Stocks

John Paulson founded Paulson & Co in 1994. He managed the fund well but he didn’t rise to fame until it became known that he had bet against subprime mortgages; Paulson rose to even greater infamy after he profited so well from those bets. Paulson took it a step further and bet on gold in 2010, a wager that made his fund $5 billion; its portfolio is currently valued at $29 billion. These are his top 10 dividend bearing stocks:

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  1. Anglogold Ashanti Ltd (AU) is Paulson’s second largest position; he owns a stake valued in the company valued at $1.68 billion. AU has a dividend yield of 0.60% and a market cap of $15.69 billion. It recently traded at $40.70 and has a price to earnings ratio of 22.08.
  2. Citigroup Inc. (C) is the third largest position (by value) in Paulson’s portfolio, at its current value of $1.4 billion. It has a dividend yield of 0.20% and a price to earnings ratio of 7.14. C has a market cap of $67.43 billion and recently traded at
    $23.11 per share. Bruce Berkowitz, Fairholme, is also a fan (see Berkowitz’s top stock picks).
  3. Anadarko Petroleum Corporation (APC) has  a dividend yield of 0.60%. It has a market cap of $30.13 billion and a price to  earnings ratio of 35.94. It recently traded at $60.53 a share. Paulson has $1.28 billion position in the company.
  4. Transocean Ltd Co (RIG) offers a dividend yield of 6.60%. It has a market cap of $14.68 billion and most recently traded at $45.91/share. Paulson has a stake in the company worth $1.2 billion. Jim Roumell, Roumell Asset Management is a fan of RIG as well (check out Roumell’s top picks).
  5. Capital One Financial Corp (COF)  has a dividend yield of 0.50% and a market cap of $17.21 billion. It has a price to earnings ratio of 5.06 and recently traded at $37.75. Paulson owns a $1.09 billion position in the company.
  6. Hartford Financial Services Group Inc. (HIG) is Paulson’s seventh largest position at $1.07 billion. HIG has a $6.65 billion market cap and a price to earnings ratio of 4.27. It has a 2.50% dividend yield and most recently traded at $14.92.
  7. Wells Fargo & Company (WFC) has a 2.00% dividend. It also boasts a market cap of $122.39 billion and a price to earnings ratio of 8.98. WFC recently traded at $23.18 a share. Paulson owns $942 million in the company after increasing his position in the company by 64% in the second quarter.
  8. Hewlett-Packard Company (HPQ) is a $43.73 billion market cap company. It has a 2.10% dividend yield and a price to earnings ratio of 5.17. It recently traded at $22.01. Paulson owns $855 million in the company. HPQ is also a favorite of Bill Miller, Legg Mason Capital Management (see Miller’s top picks).
  9. SunTrust Banks, Inc. (STI) recently traded at $16.92. It has a $9 billion market cap and a dividend yield of 1.10%. It has a price to earnings ratio of 20.89. Paulson owns an $829 million stake in the company.
  10. Bank of America Corporation (BAC) has a $55.42 billion market cap and a dividend yield of 0.70%. It most recently traded at $5.47 a share. Paulson owns a $662 million position in the company after decreasing his stake by 51% last quarter.

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