Some of you might know Bill Ackman because of the phone battle against Carl Icahn on CNBC. He is an activist with around USD 10 billion in assets under management. In his management company “Pershing Square Capital” he has only 10 stock holdings. As an activist, Ackman tries to increase pressure on the management of a company in order to implement own visions of the company’s future. Nearly half of his positions have voting rights over 10 percent.
His main investment focus is on defensive stocks from the consumer and industrial sector. Around 70 percent of his exposure is related to these two sectors. From his 20 latest transactions are 12 unique positions of which 10 pay dividends. Dividend payments are not in focus of Ackman’s investment strategy. Only one company yields above the 3 percent mark. Here are my favorite stocks: Mondelez International (MDLZ), Burger King Worldwide (BKW) and The Procter & Gamble (PG).
Source: Guru Focus
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Bill Ackman Wants To Make Big Profits With These Dividend Stocks
Posted by D4L | Sunday, July 07, 2013 | ArticleLinks | 0 comments »________________________________________________________________
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