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Comparing Bruce Berkowitz's Best-Yielding Portfolio Holdings

Bruce Berkowitz is founder and managing member at Faiholme Fund. He is also a value investor who favors investing in concentrated portfolios, holding a relatively small number of companies. Over a period of 10 years, the fund has generated an average annual return of 19.6% and the total worth of his flagship amounted to $9.8 billion. However, I believe in dividends and screened his latest Q3 portfolio by stocks with the highest dividend. He has only seven stocks with positive dividends of which one yielding above five% (high yield). Here are the results sorted by dividend yield:

1. Winthrop Realty Trust (FUR) has a market capitalization of $284.48 million. The company employs people, generates revenues of $55.37 million and has a net income of $18.48 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $35.18 million.

The total debt representing 41.94% of the company’s assets and the total debt in relation to the equity amounts to 79.89%. Due to the financial situation, the return on equity amounts to 7.09%. Finally, earnings per share amounts to $0.82 of which $0.65 were paid in form of dividends to shareholders last fiscal.

Here are the price ratios of the company: The P/E ratio is 10.55, Price/Sales 5.37and Price/Book ratio 0.82. Dividend Yield: 7.22%. The beta ratio is 0.96.

2. Jefferies Group (JEF) has a market capitalization of $2.04 billion. The company employs 3,842 people, generates revenues of $2,797.35 million and has a net income of $240.27 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $431.97 million.

The total debt representing 11.61% of the company’s assets and the total debt in relation to the equity amounts to 172.07%. Due to the financial situation, the return on equity amounts to 9.03%. Finally, earnings per share amounts to $1.37 of which $0.30 were paid in form of dividends to shareholders last fiscal.

Here are the price ratios of the company: The P/E ratio is 7.42, Price/Sales 0.73and Price/Book ratio 0.70. Dividend Yield: 2.95%. The beta ratio is 1.61.

3. Brookfield Asset Management (BAM) has a market capitalization of $16.48 billion. The company employs 18,000 people, generates revenues of $13,623.00million and has a net income of $3,195.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $3,303.00million.

The total debt representing 41.05% of the company’s assets and the total debt in relation to the equity amounts to 221.91%. Due to the financial situation, the return on equity amounts to 11.21%. Finally, earnings per share amounts to $3.89 of which $0.52 were paid in form of dividends to shareholders last fiscal.

Here are the price ratios of the company: The P/E ratio is 6.85, Price/Sales 2.44and Price/Book ratio 1.22. Dividend Yield: 1.92%. The beta ratio is 1.46.


4. Leucadia National (LUK) has a market capitalization of $5.26 billion. The company employs 2,414 people, generates revenues of $1,320.00 million and has a net income of $1,508.32 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $572.49 million.

The total debt representing 18.09% of the company’s assets and the total debt in relation to the equity amounts to 24.31%. Due to the financial situation, the return on equity amounts to 33.36%. Finally, earnings per share amounts to $6.35 of which $0.25 were paid in form of dividends to shareholders last fiscal.

Here are the price ratios of the company: The P/E ratio is 3.38, Price/Sales 4.13and Price/Book ratio 0.78. Dividend Yield: 1.12%. The beta ratio is 1.80.

5. Regions Financial (RF) has a market capitalization of $5.00 billion. The company employs 26,881 people, generates revenues of $4,689.00 million and has a net income of $-539.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $-383.00 million.

The total debt representing 12.56% of the company’s assets and the total debt in relation to the equity amounts to 99.36%. Due to the financial situation, the return on equity amounts to -5.52%. Finally, earnings per share amounts to $0.17 of which $0.04 were paid in form of dividends to shareholders last fiscal.

Here are the price ratios of the company: The P/E ratio is 23.94, Price/Sales 0.74and Price/Book ratio 0.39. Dividend Yield: 0.98%. The beta ratio is 1.39.

6. Bank of America (BAC) has a market capitalization of $55.65 billion. The company employs 290,509 people, generates revenues of $75,497.00 million and has a net income of $-2,238.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $18,654.00 million.

The total debt representing 35.75% of the company’s assets and the total debt in relation to the equity amounts to 354.73%. Due to the financial situation, the return on equity amounts to -1.77%. Finally, earnings per share amounts to $-0.33 of which $0.04 were paid in form of dividends to shareholders last fiscal.

Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 0.53 and Price/Book ratio 0.28. Dividend Yield: 0.69%. The beta ratio is 2.21.

7. Citigroup (C) has a market capitalization of $73.09 billion. The company employs 267,000 people, generates revenues of $79,516.00 million and has a net income of $10,951.00 million. The firm’s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $26,869.00 million.

The total debt representing 32.46% of the company’s assets and the total debt in relation to the equity amounts to 380.09%. Due to the financial situation, the return on equity amounts to 6.67%. Finally, earnings per share amounts to $3.68 of which $0.00 were paid in form of dividends to shareholders last fiscal.

Here are the price ratios of the company: The P/E ratio is 6.80, Price/Sales 0.89and Price/Book ratio 0.47. Dividend Yield: 0.15%. The beta ratio is 2.56.

About the author:


I am a private full time investor searching for investments and investment ideas. Visit Dividend's Website

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Bruce Berkowitz
(Updated on 05/23/2012)

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