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Three well-known, ultra-high-yield dividend stocks are popular buys among Wall Street's top money managers

The Motley Fool
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72% Informative

The latest round of Form 13F filings detail buying and selling activity for Wall Street's top money managers in the latest quarter .

Three underperforming, yet extremely well-known, ultra-high-yield dividend stocks were popular buys among billionaire investors.

Ford Motor Company : 5.71% yield attracted four billionaire buyers during the second quarter .

Walgreens Boots Alliance : 9.24% yield.

Walgreens ' new CEO Tim Wentworth has decades of experience as a leader in the healthcare sector.

AT&T 's woes hit a crescendo last summer when The Wall Street Journal released a report alleging it and other legacy telecom companies could face steep cleanup costs and health-related liabilities tied to their use of lead-sheathed cables.

The company's net debt has declined from $169 billion on March 30, 2022 , to $126.9 billion , as of June 30, 2024 .

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