TipRanksBillionaire George Soros Locations Wager on Three Excessive-Yield Dividend Stocks“If investing is entertaining, if your having fun, you’re probably not making any money. Good investing is boring.”The phrases are George Soros’, and no matter you may consider his politics or activism, it’s not possible to disclaim that he is among the world’s biggest stock market traders. In some 30 years of lively buying and selling, his hedge fund noticed an annualized common return exceeding 30%; it was one of many biggest runs of sustained earnings in Wall Street’s historical past. Soros ran his hedge fund behind the scenes, constructing a portfolio based mostly on dependable dividends and strong returns.He has continued that technique in recent times, after taking his agency non-public. Contemplating his aphorism, ‘Good investing is boring,’ it’s no surprise that Soros gravitates towards stocks with confirmed returns. His latest new positions merely bear this out, as Soros has purchased into three stocks appreciable return potential – dividend yields of 4.5% or higher and upside potential beginning at 15%, in keeping with the analyst neighborhood. With this in thoughts, we used TipRanks database to search out out what else makes these picks so compelling.Blackstone Mortgage Belief (BXMT)The primary Soros decide we’re is Blackstone Mortgage Belief, an actual property funding belief. It’s no surprise that Soros turned to BXMT if he was searching for dividend returns – REITs are well-known for his or her high-yield dividends. Blackstone, which holds a portfolio exceeding $167 billion in actual property property underneath administration, focuses on collateral-based senior mortgage loans within the Western markets: North America, Europe, Australia.After a tough hit in Q1, as a result of coronavirus disaster, Blackstone’s Q2 report gave traders a nice shock by beating expectations on each revenues and EPS. Whereas the highest line got here in at $107.1 million, or 1% above the forecast, the per-share earnings of 56 cents confirmed a stronger beat of 14%. In a show of confidence, the corporate has stored its dividend cost secure by way of the chaotic first half of the 12 months. The 62-cent quarterly dividend was paid out in mid-July, and at $2.48 per share annualized, it provides traders a sturdy 10.3% return. That’s greater than 5x the common discovered amongst S&P listed stocks – and 4x the common discovered amongst peer firms within the monetary sector.Excessive returns are all the time an attraction for Soros, and he initiated his place in BXMT with 355,000 shares. At present share costs, these shares are worth greater than $8.5 million.Analyst Donald Fandetti, protecting BXMT from Wells Fargo, sees cause for optimism in Blackstone’s steadiness sheet, and what meaning for the dividend. He writes, “Reflecting a competitive advantage, BXMT was able to raise $607 mm of debt and equity capital in the quarter, boosting their liquidity to $1.3B (mostly cash). This puts them in a position to go on offense as high return opportunities begin to arise… We believe BXMT will continue paying their quarterly dividend unless the economic situation deteriorates further…” Fandetti’s feedback again up his Obese (i.e. Purchase) score, and his $33 price goal suggests a 37% upside for BXMT within the coming 12 months. (To observe Fandetti’s observe report, click on right here)Total, Blackstone Mortgage has a Average Purchase score from the analyst consensus, with 5 latest opinions breaking right down to 2 Buys and three Holds. Shares are promoting for $23.79, and the $27.75 common price goal implies a 15% upside potential. (See BXMT stock evaluation on TipRanks)Truist Monetary (TFC)Shaped this previous December, by way of a merger between SunTrust and BB&T, Truist is the eighth largest bank holding firm within the US. Its fundamental subsidiaries function over 2,000 bank branches in 17 states, with firm headquarters in Charlotte, North Carolina. Like many banks with a reliance on brick-and-mortar retail branches, the corporate’s shares noticed heavy depreciation in the course of the corona disaster, and have solely partially recovered. By means of the laborious 1H20, Truist paid out its dividend usually, at 45 cents per frequent share. The newest declaration, from August 13 for a September 1 cost, continues that reliability. The 45-cent cost provides a yield of 4.5%, sturdy by any normal, and made higher by the corporate’s dependable cost historical past.Soros’ fund took the bank merger as a possibility to purchase into a bigger bank with better sources. The billionaire’s fund purchased 498,669 shares of TFC, a holding now worth $19.74 million – hardly chump change, even for George Soros, and a sign of a dedication to the brand new holding.Wall Street agrees that TFC is a shopping for proposition. Wolfe Analysis analyst Invoice Carcache charges the stock an Outperform (i.e. Purchase) score, and his $52 price goal indicated confidence in a 31% upside potential. (To observe Carcache’s observe report, click on right here)Backing his stance, the 5-star wrote, “We see opportunity for TFC to drive CET1 closer to peer levels as we move beyond near-term merger execution and COVID-19 related risks. TFC’s medium-term CET1 target of 10% appears conservative relative… By our math, each 50bp reduction in CET1 would translate into an ~90bp improvement to ROTCE.”TFC’s Average Purchase analyst consensus score on Truist comes from 7 opinions, together with 5 Buys and a pair of Holds. The typical price goal of $45.86 implies a 16% upside from the buying and selling price of $39.12. (See TFC stock evaluation at TipRanks)US Bancorp (USB)Final up on immediately’s record is one other bank holding firm, US Bancorp. The mother or father firm of US Bank, and based mostly in Minneapolis, Minnesota, US Bancorp is the fifth largest of American banks, offering banking, funding, and mortgage companies to people, small and medium enterprise, and authorities entities, primarily within the Midwest and West. The corporate boasts over 3,000 department places and 4,800 ATM machines throughout is service space, and a market cap of $56 billion.The big community and deep pockets got here in helpful for the corporate throughout 1H20, when earnings dropped from $1.08 in This fall to 41 cents in Q2. Revenues grew barely throughout the identical interval, from $5.6 to $5.Eight billion. The social shutdowns and consequent discount in visitors at branches lower into day-to-day enterprise. The second quarter noticed enterprise get better to a level, with a 7% acquire in complete loans and an 11% acquire in common deposit balances.The corporate’s common quarterly dividend was paid out in mid-July at 42 cents, the fourth quarter in a row at this charge. The $1.68 annualized cost provides the dividend a yield of 4.5%, and the corporate’s 11-year historical past of normal dividend will increase provides it a transparent attraction for return-minded traders.Clearly, Soros would agree. His fund staked a place in USB by shopping for 614,294 shares of the stock. The holding is worth $22.85 million on the present share price. Turning to Wall Street, Chris Kotowski, a 4-star analyst with Oppenheimer, sees USB as well-adapted for the present ‘coronavirus atmosphere.“USB stays the “flight to security” title within the area because the diversified model is ready to generate pre-provision earnings that might handily fund future potential reserve builds with out diluting TBV… UBS guided to a secure income and expense outlook. NII is anticipated to be flat in 3Q20 in comparison with 2Q20, mortgage banking might be up Y/Y however decrease than 2Q20, and cost is trending up as a result of gradual re-opening of economic system. USB additionally expects non-interest expense to be secure in 3Q20 vs. 2Q20 and FY2020 tax charge of 15%,” Kotowski opined.To this finish, Kotowski charges USB shares an Outperform (i.e. Purchase), which is supported by a $75 price goal that suggests an upside potential of 101% for the approaching 12 months. (To observe Kotowski’s observe report, click on right here)All in all, US Bancorp holds a Average Purchase score from the analyst consensus, based mostly on 6 Buys, Four Holds, and 1 Promote set in latest weeks. The stock is promoting for $36.82, and the $44.40 common price goal suggests it has room for 21% progress within the subsequent 12 months. (See USB stock evaluation on TipRanks)To seek out good concepts for dividend stocks buying and selling at enticing valuations, go to TipRanks’ Finest Stocks to Purchase, a newly launched instrument that unites all of TipRanks’ fairness insights.Disclaimer: The opinions expressed on this article are solely these of the featured analysts. The content material is meant for use for informational functions solely. It is extremely essential to do your individual evaluation earlier than making any funding.