Founded in 1999, Miller Value Partners is an investment management firm. The strategy of the hedge fund is to purchase and hold undervalued stocks. A co-portfolio manager of Opportunity Equity and Income Strategy is currently serving as the fund’s CIO. Miller Value’s Deep Value Strategy fund increased by 57.8% in 2021, while the S&P 500 only increased by 28.7%. A return on investment of at least 50% was achieved for the third year in a row by the fund in this year’s performance. In the past decade, Miller Value’s Opportunity Equity fund has returned 18.27 percent annually.
Insider Monkey discusses the best dividend stocks in Bill Miller’s portfolio. Bank of America increased its quarterly dividends by 17 percent in 2021. On February 27, the stock’s dividend yield was 1.87 percent. Miller Value Partners owned approximately 1.4 million shares of BAC worth $61.9 million. From 101 in the previous quarter, there were 107 hedge funds holding JPMorgan Chase & Co. positions at the end of the third quarter. By selling off 11% of its shares, Miller Value Partners now owns less than $64 million worth of the company. Pitney Bowes Inc. was in the portfolios of 21 hedge funds tracked by Insider Monkey in the fourth quarter of 2021. This is a decrease from the previous quarter’s total of 23 stakes. The company’s largest shareholder, Millennium Management, had $23.8 million worth of shares. The quarterly dividend of H&R Block, Inc. will be increased by 4% to $0.27 per share in 2021. As of February 27, the company’s dividend yield was 4.41 percent. Last quarter, Miller Value Partners increased its stake in the company by six percent. Propane and natural gas are transported via pipeline by the American firm Energy Transfer LP. The quarterly dividend was increased by 15% to $0.175 per share on January 25. There was a 7.15 percent dividend yield on the stock at the time of this writing. For more details, click 10 Best Dividend Stocks According To Bill Miller’s Miller Value Partners.
