Billionaire Howard Marks’ credibility is based on his meticulous investment memoranda. Endowments, charities, and pension funds entrust $78 billion in investing resources to Oaktree Capital Management. It makes a significant difference to have consistent income during times of unemployment, financial turbulence, and recession. Investors are enthusiastic about International Business Machines Corporation, Broadcom Inc., and Intel Corporation. These stocks have one thing in common: they offer consistent dividends while also investing in long-term growth projects. Intel Corporation increased its dividend by 5.3 percent earlier this year. The 11th-generation Intel Core mobile processor, Tiger Lake-H, was just released by the firm.
Insider Monkey takes a look at the 10 best dividend stocks to buy according to billionaire Howard Marks: Taiwan Semiconductor Manufacturing Company Limited is a semiconductor and circuit manufacturer. The business recently revealed plans to build a $12 billion plant in Arizona that will include five new chipmaking fabs. According to Howard Marks’ portfolio, the stock ranks 10th among the finest dividend stocks to buy right now. The board of directors of Mgic Investment Corporation declared a quarterly cash dividend of $0.06 per share. The stock has a “buy” rating and a $13.67 average target price. According to Howard Marks’ portfolio, it is the 9th greatest dividend stock to buy right now. Oasis Petroleum Inc. is a privately held exploration and production company focused on developing and acquiring natural gas and unconventional oil resources in the United States. Diamondback Energy, Inc.’s Williston Basin assets were acquired by the business in May 2021. This publicly-traded REIT, which mostly focuses on temperature-controlled warehouses, is among Howards Mark’s top 10 dividend stocks to purchase. Americold Realty Trust just released its financial results for the first quarter of 2021. America Movil S.A.B. de C.V. is a Latin American and international telecommunications company. 6.0 million new wireless subscribers have joined America Movil. The company’s overall rating is “Neutral,” with an average target price of $19. Read more on this from the article 10 Best Dividend Stocks To Buy According To Billionaire Howard Marks.
