Top Dividend Stocks That Bruce Berkowitz Buys

Bruce Berkowitz is a well-known guru investor. He is a hedge fund manager who cares about $7.69 billion in his asset management vehicle Fairholme Capital Management. Within the recent quarter, Bruce made nine asset transactions of which six pay dividends. Four of the stock moves are attributable to the long side and five are on the short side. In total, Bruce owns now only 13 share positions of which two were completely new (Lincoln National and Hartford Financial). In addition, he sold out three stocks within the recent quarter.

Financial stocks dominate his asset strategy. Around 68 percent of his total assets have a relationship to the financial sector. Here are the latest dividend stock buys from Bruce Berkowitz: Hartford Financial (HIG), Lincoln National (LNC) and American International (AIG).

Source: Guru Focus

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