Billionaire Richard Chilton Boosts Position In These Dividend Stocks

Billionaire Richard Chilton is the Chairman, CEO, and Chief Investment Officer of Chilton Investment Company. He founded his investment management firm in 1992. The firm has some $9 billion in assets under management and follows an investment approach based on "value-oriented, fundamental research and disciplined portfolio management." In a recent interview with Gundster's Boardroom Brief, Chilton described an archetype of a company in which his firm invests as one that "can grow sales organically, has pricing power, generates a really good return on invested capital, returns cash to shareholders in the form of dividends or stock buybacks, and has a moat around its business that allows (IT) to weather storms."

Here is a closer look at Chilton's five dividend-paying positions with yields above 2.0%, including the consumer-sector plays, in which Chilton boosted his ownership stakes in the previous quarter: McDonald's Corporation (MCD), United Parcel Service, Inc. (UPS), The Coca-Cola Company, Inc. (KO), Wal-Mart Stores, Inc. (WMT) and Unilever NV (UN).

Source: Seeking Alpha

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