ORAN - Fund Managers Share Top Dividend Stock Picks For Passive Income Stream — Here's What They Suggest | Benzinga
Two noted fund managers have singled out three dividend stocks as potential sources of attractive yields and growth, offering a reliable stream of passive income.
What Happened: Portfolio managers Matt Burdett of Thornburg Investment and Brian Leonard from Keeley Teton shared their insights on potential dividend stocks in a recent interview with CNBC.
Burdett spotlighted Broadcom Inc (NASDAQ:AVGO), a semiconductor and software company, despite its current dividend yield of 1.6%. He highlighted the company’s significant dividend growth over the past five years and its potential to benefit from the artificial intelligence trend due to its software diversification.
See Also: What In The World Is Going On With Dogecoin?
Another stock Burdett finds appealing is Orange (NYSE:ORAN), a French telecommunications company with a current dividend yield of 6.8%. He underscored the company’s increased operating free cash flow and potential for share buybacks following a recent merger ...