Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Billionaire Ken Fisher's Highest-Paying Dividend Stocks

Ken Fisher manages Fisher Asset Management, a multibillion-dollar fund. Savvy investors like Fisher know that dividends are a great way to obtain healthy doses of income, which are critically important and tough to find in today's low-interest-rate environment. Here are a few of his favorite dividend-paying stocks, each shelling out a 3%-plus yield.

HSBC Holdings
  (NYSE: HSBC  )
Fisher's top dividend-paying stock, HSBC Holdings, currently rewards shareholders with a 3.6% dividend yield. The company leverages its well-known brand in operations spanning more than 80 countries. Its global network enables the U.K.-based company to attract clients with cross-border banking needs. Many of HSBC's operations are in emerging markets, which offers the company growth potential as the trend toward globalization of the financial markets continues. Unlike many of its banking peers, HSBC has paid a solid dividend over the past few years.

Microsoft  (NASDAQ: MSFT  )
Microsoft is currently in a transitional period, undergoing a major reorganization and having recently announced that CEO Steve Ballmer will retire within the coming year. The results of Ballmer's nearly 14-year tenure as CEO have been disappointing. Shares have vastly underperformed the technology sector and the overall stock market under his direction. Yet a change of leadership and corporate overhaul could unlock value at Microsoft. And the tech heavyweight's new offerings in key areas like mobile and gaming, as well as its solid positioning in cloud computing, also hold promise of new growth. Microsoft currently pays shareholders a 3.2% yield.

Pfizer  (NYSE: PFE  )
Following its acquisition binge over the past few years, Pfizer has ballooned into a huge organization. The drugmaker benefited from many of its acquisitions, but several came with divisions unrelated to Pfizer's core pharmaceutical business. As a result, CEO Ian Read has refocused Pfizer's strategy on its main business by selling or spinning off several non-pharmaceutical divisions such as Nutrition and Animal Health. This strategy will allow Pfizer's robust drug pipeline to have a bigger impact on company growth and profitability. The drugmaker pays shareholders a 3.1% dividend yield.

Foolish takeaway
These days investors salivate over 3%-plus dividend-yielding stocks. Yet HSBC and Pfizer have actually shrunk their respective dividends during the past five years. This proves investors need to do their homework before buying high-paying dividend stocks. After all, companies that pay attractive dividends aren't necessarily growing those yields as well.

Unlock the key to great dividend stocks
Do you love dividends? Dividend stocks can make you rich. It's as simple as that. Sure, they don't garner the notoriety of highflying growth stocks, but they're less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts identified nine rock-solid dividend stocks in this free report. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2693793, ~/Articles/ArticleHandler.aspx, 9/25/2016 10:12:02 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:02 PM
HSBC $37.21 Down -0.60 -1.59%
HSBC Holdings CAPS Rating: **
MSFT $57.43 Down -0.39 -0.67%
Microsoft CAPS Rating: ****
PFE $34.26 Up +0.11 +0.32%
Pfizer CAPS Rating: ****