David Tepper Top Dividend Stocks

Appaloosa Management L.P. is one of the most well known hedge funds in the industry. The hedge fund typically caters to high net worth individuals. Founded by David Tepper and associates, it uses an event-driven strategy. Its primary investments are in equities and debts of distressed companies. Based in New Jersey, Appaloosa invests in public equity and fixed income markets around the world.

During the second quarter of 2012, the hedge fund bought 8 new stocks and sold only 4. Here, I discuss its top positions with the highest dividend yields. These companies are Huntsman Corporation (HUN), Ford (F), Valero Energy (VLO), Whirlpool (WHR) and Microsoft (MSFT).

Source: Seeking Alpha

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