Billionaire David Harding’s business has a team of scientists tasked with fostering a research environment heavily dependent on statistical and quantitative research to facilitate informed trading decisions. Harding is also the founder of Winton Capital Management which has been operating since 1997. Mr Harding, however, described the fund’s overall performance as disappointing due to the substantial decline in asset value courtesy of the unfavourable economic environment. Most of the losses that Winton Capital suffered in 2020 were from currencies and equities, which were coincidentally hugely impacted by the coronavirus and the economic decline that ensued. It offloaded 327 stocks and trimmed its holdings in 1052 stocks.
Let’s see Insider Monkey’s list of the 10 high yield dividend stocks to buy according to billionaire David Harding. Ellington Financial Inc. portfolio largely consists of agency and non-agency residential securities that are mortgage-backed. It also invests in other areas, including asset-backed securities, mortgage-backed derivatives, and mortgage-backed securities. Chimera Investment Corporation mainly deals with mortgage-related securities, asset securitization, and residential mortgage loans. The company in March sponsored CIM 2021-NR2, a seasoned non-REMIC eligible residential mortgage loan securitization valued at $240.4 million, and CIM 2021-R2, a seasoned reperforming residential mortgage loans securitization valued at $1.5 billion. Sometimes the REIT invests in money-market instruments, U.S treasury securities, and interest-only securities. The company’s latest dividend pay-out was $0.10 per share. Annaly Capital Management announced its Q1 2021 dividend at $0.22 per common share, making it one of the best high yield dividend stocks in David Harding’s portfolio. The company appointed Eric A. Reeves as its Agnico-Eagle Mines, Ltd director. OneMain Holdings’ pretax income in Q4 2020 was $476 million, while its net income during the same period was 359 million. Read the conclusion of Insider Monkey’s article from The 10 High Yield Dividend Stocks to Buy According to Billionaire David Harding.
