SQ Advisors head and Buffett comrade
runs a pretty concentrated portfolio, with only 15 stocks, the
majority weighted in the financial sector. Valued about $1.2
billion, with a quarter-over-quarter turnover rate of 9 percent,
about 10 of Simpsons' stocks pay dividends.
Based on his
list, these three companies maintain the highest yield
percentages in his portfolio.
Dell Inc. (
Technology solutions and products maven Dell Inc. has a dividend
yield of 3.1 percent, and a payout ratio of 0.05.
In 2012, Simpson's highest reported holding of Dell shares was in
the first half of the year when he had over $6 million shares.
But by the third quarter, Dell's market value took a hit when its
average descended down to about $14 from $17 in the second
It was then that Simpson reduced his stake, shedding about 58,000
shares. Dell's lowest for 2012 was in November when the stock
Early December, Dell announced a quarterly cash dividend of $0.08
per common share, which will be paid out to its shareholders on
A few days before the year ended, Dell announced its completion
of its acquisition of data protection solutions provider, Credant
Currently, Simpson sits with a total Dell shareholding of
5,952,623. The stock is trading at $10.85, down 0.91 percent this
To view Dell's financial stats, go to
Wells Fargo & Co. (
Nationwide diversified financial services company, Wells Fargo
has a dividend yield of 2.7 percent and a payout ratio of 0.05.
Simpson currently owns 2,782,417 shares. Throughout 2012, he
continuously added to his stake strategically, as Wells Fargo's
market value soared 23 percent.
The company's last dividend payout was dispersed Dec. 31, a
distribution of Wells Fargo Series A 7.25 percent preferred
securities, equal to $0.453125 per security.
In November, Wells Fargo announced its dividends on three series
of preferred stock.
The company paid a $20 per share cash dividend from its Series J
preferred stock, an $18.75 per share dividend from its Series L
preferred stock, as well as a $429.72 per share dividend from its
Series N preferred stock, all paid to shareholders on Dec. 17.
In recent news, Wells Fargo Asset Management announced obtaining
a minority stake in privately held hedge fund firm, The Rock
Creek Group, based in Washington, D.C. The stake provides Wells
Fargo an opportunity to increase businesses in alternative
investments solutions between Rock Creek and its clients, hoping
to obtain additional ownership interests in the long-term.
Currently, Wells Fargo is down 0.19 percent, trading at $34.62.
To view Wells Fargo's financial stats, go to
Cenovus Energy Inc. (
Cenovus Energy has a dividend yield of 2.7 percent and a payout
ratio of 0.47.
On Dec. 31, Cenovus paid $0.22 per common share in dividends to
its shareholders, the rate it paid in all quarterly payouts
throughout the year.
Cenovus remains 6.9 percent of Simpson's portfolio, with a
holding of 2,322,866 million shares valued at $81 million. In
2012, Simpson vastly increased his stake, as the stock fluctuated
between $29 and $39 throughout the year.
An integrated oil company, Canada-based Cenovus has oil sands
operations in northern Alberta and Saskatchewan, as well as 50
percent ownership in two U.S. refineries. It anticipates growing
its company by 14 percent in 2013, as it initiates significant
investments in various oil assets, worth between $3.2 billion and
Cenovus is currently trading at $34.11, down 0.68 percent.
To view Cenovus Energy's financial stats, go to 10-Year
View more articles about Lou Simpson in our GuruFocus archives.
See the rest of Lou Simpson's stock holdings in his portfolio
here. Also check out his Undervalued Stocks, Top Growth Companies
and the rest of his High Yield stocks.
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