The Dynamic Dividend

Contrarian investor Steven Romick has been guiding the FPA Crescent Fund since its 1993 inception with the goal of providing “an equity-like return with less risk than the stock market.” Mission accomplished, and then some. continue…

Earlier this year a wrote a summary of David Tepper’s top dividend stocks, noting his uncanny ability to identify companies on the verge of huge dividend hikes. Now that his fund has disclosed its mid-year equity positions (here), it’s time to take a look at the dividend stocks he started piling into during the second quarter. continue…

Hedge fund titan John Paulson found himself with more than $1 billion in cash after hacking down a pair of disappointing bank positions during the second quarter… and spent almost exactly that amount acquiring stocks with meaningful dividend yields. continue…

Seth Klarman is widely regarded as one of the most intelligent and successful value investors of all time, and the numbers back it up. Since founding The Baupost Group in 1983, his firm has returned nearly 20% annually. continue…

Given the excitement over dumbfounding IPOs from unprofitable tech companies, now is a great time to pry into the portfolio of a level-headed investor who made a killing during/after the original dotcom bubble. So I give you Arnold Van Den Berg, a man who brought home returns of 45%, 11% and 0.5% (while the S&P 500 dropped by 9%, 12% and 22%) from 2000-2002 . read at gurufocus.com

I really enjoyed Consuelo Mack’s interview with contrarian investor Steven Romick this week, particularly his thoughts on large cap dividend stocks CVS Caremark (CVS), Walgreen (WAG), Walmart (WMT), Microsoft (MSFT), and Occidental Petroleum (OXY). continue…

John Paulson is the president and portfolio manager of Paulson & Co., which he founded in 1994. His firm’s focus on risk arbitrage opportunities produced market-beating returns during its first decade, pushing its assets under management to $2.9 billion. But those early results were soon dwarfed by Paulson’s historic performance during the financial crisis. continue reading at gurufocus.com

Donald Yacktman founded Yacktman Asset Management in 1992, and the firm’s value-oriented approach has trounced the market ever since. Over the last decade, its two funds returned 223% and 243%, while The S&P 500 gained just 38% during the same period. continue reading at gurufocus.com

David Tepper recently put the finishing touches on one of the greatest decades in the history of the hedge fund industry. His investments beat the market in nine of the ten years from 2001 to 2010, achieving an astounding 1,335% cumulative return while the S&P 500 gained just 16%. continue reading at gurufocus.com

GuruFocus.com has asked me to write a regular feature where I analyze the dividend-paying stocks held by some of the best value investors in the world. For my first article, I took a look at the portfolio of David Einhorn’s wildly successful hedge fund, Greenlight Capital. continue reading at gurufocus.com