From The Dynamic Dividend:
Earlier this year, I wrote a summary of David Tepper's top dividend stocks, noting his uncanny ability to identify companies on the verge of huge dividend hikes. Now that his fund has disclosed its mid-year equity positions (here), it's time to take a look at the dividend stocks he started piling into during the second quarter.
Appaloosa Management initiated positions in four dividend-paying stocks during the three-month period that ended on June 30. And while all of them are currently trading lower than they did during the second quarter, two have already given Tepper a raise in the form of payout hikes...
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