Published on 21 Nov 2022 on Insider Monkey via Yahoo Finance

11 High Dividend Stocks Picked By Billionaire Gabelli

In this article, we discuss 11 high-dividend stocks picked by billionaire Gabelli. You can skip our detailed analysis of Gabelli's investment strategy and his hedge fund's performance over the years, and go directly to read 5 High Dividend Stocks Picked By Billionaire Gabelli. 

Mario Gabelli initially rose to prominence through his successful bets on media and telecom stocks during the 1980s. He founded his value-oriented hedge fund GAMCO Investors in 1977, which follows the modified value strategy of Benjamin Graham and Warren Buffett. His investment strategy of picking undervalued stocks worked wonders for him during the economic downturn of the 1970s. According to Gabelli, value investing revolves around long-term bets and requires consistency from investors during bear markets. Gabelli is currently serving as the Chairman and Chief Executive Officer of the firm and has a real-time net worth of $1.7 billion, as of November.

Along with value investing, GAMCO also invests in ESG-centric and growth securities. The Gabelli Global Growth Fund was established in 1994 and has delivered an 8.64% return since then, with its 10-year return coming in at 9.66%. Similarly, the Gabelli Value 25 Fund delivered a 9.04% return since its inception in 1994 and its 10-year return stood at 6.33%.