Daniel Loeb's top dividend stocks (May 2026) include Telephone And Data Systems, Inc. (TDS), a telecommunications provider offering wireless, wireline, and cable services.

Daniel Loeb is the founder and CEO of Third Point LLC, a prominent hedge fund known for its activist investment approach. As an accomplished investor, Loeb focuses on identifying undervalued companies and often advocates for strategic changes to unlock shareholder value. His firm maintains a diverse portfolio, reflecting a disciplined, value-oriented investment philosophy.

Telephone And Data Systems, Inc. (TDS)

Telephone And Data Systems, Inc. is a diversified telecommunications company, providing wireless, wireline, and cable services across various regions. Through its subsidiaries, TDS offers a comprehensive suite of communication solutions to residential and business customers. Third Point's current stake in TDS is valued at $300.78 million. The company currently offers an impressive dividend yield of 23.03%, with a trailing twelve-month dividend rate standing at $10.41. The discounted cash flow for TDS is reported as minus $0.97.
Here's an overview of Daniel Loeb's trades in Telephone And Data Systems, Inc.:

Progressive Corp. (PGR)

Progressive Corp. is a leading provider of personal and commercial auto insurance, homeowners insurance, and other property and casualty insurance products. Known for its innovative approach to pricing and direct-to-consumer sales, Progressive operates across the United States. Daniel Loeb's position in Progressive is currently valued at $44.28 million. Shareholders enjoy a dividend yield of 6.92%, alongside a trailing twelve-month dividend rate of $13.90. Analysts currently assign a price target of $231.05 for the stock, while its discounted cash flow estimate sits at $59.37.
Here's an overview of Daniel Loeb's trades in Progressive Corp.:

Kenvue Inc (KVUE)

Kenvue Inc is a global consumer health company with a portfolio of well-known brands across self-care, essential health, and skin health. It produces a wide array of over-the-counter medicines, personal care items, and wellness products that are staples in households worldwide. Loeb's portfolio includes a Kenvue position valued at $56.97 million. The company distributes dividends at a trailing twelve-month rate of $0.83, translating to a dividend yield of 4.73%. Furthermore, the analyst consensus price target for KVUE is $18.25, and its discounted cash flow value is $47.09.
Here's an overview of Daniel Loeb's trades in Kenvue Inc:

Union Pacific Corp. (UNP)

Union Pacific Corp. operates one of the largest freight railroad networks in the United States, connecting twenty-three states across the western two-thirds of the country. This crucial transportation giant facilitates the movement of agricultural products, automobiles, chemicals, and more. Third Point holds a Union Pacific stake worth $487.76 million. Investors in UNP benefit from a dividend yield of 2.04%, with its TTM dividend rate at $5.48. Equity analysts have set a price target of $287.58, and the stock’s discounted cash flow is estimated at $158.79.
Here's an overview of Daniel Loeb's trades in Union Pacific Corp.:

Norfolk Southern Corp. (NSC)

Norfolk Southern Corp. is a major freight railroad company, primarily operating in the eastern and southeastern United States. The company transports a diverse range of commodities, including coal, intermodal containers, and general merchandise, playing a vital role in the nation's supply chain. Daniel Loeb's current portfolio holds $307.93 million worth of Norfolk Southern shares. The stock provides a dividend yield of 1.69%, supported by a trailing twelve-month dividend rate of $5.40. Analysts predict a price target of $317.00 for NSC, and its discounted cash flow value is calculated at $66.46.
Here's an overview of Daniel Loeb's trades in Norfolk Southern Corp.: