Hedge Fund’s Dividend Stocks

PointState Capital is a money management firm with some $5 billion in assets under management. The firm was established in 2010 by Sean Cullinan and six former portfolio managers from Stanley Druckenmiller’s Duquesne Capital after the renowned hedge fund was shut down and turned into a family office. Duquesne Capital was one of the most profitable hedge funds in the industry’s history, returning over 30% per year since 1986

This past April, two PointState Capital’s principles, including its founder, Sean Cullinan, left the firm. That management reshuffle left Zachary Schreiber as the new CEO. PointState Capital has returned 8.7% this year through October. Druckenmiller’s alumni at PointState Capital follow his value investment methodology, so here is a closer look at their five dividend-paying value picks: Johnson & Johnson (NYSE:JNJ), Merck & Co., Inc. (NYSE:MRK), Wal-Mart Stores, Inc. (NYSE:WMT), HollyFrontier Corp (NYSE:HFC) and Apple Inc. (NASDAQ:AAPL).

Source: Insider Monkey

Related Articles:
- Mid-Year 2012 Top And Bottom Performing Dividend Stocks
- A Simple Approach To Earn More Than 4% In Dividends
- 5 Basic Materials Stocks With Growing 3%+ Dividends
- What To Do When A Stock Fails To Raise Its Dividend
- A Diversified Approach To International Dividends