6 Midcap Dividend Stocks Beloved By Billionaires

Midcap stocks are the sweet spot of the stock market. Billionaire investors are showing lots of love for these six midsized dividend payers.

_{By John Dobosz, Forbes Staff}

Whether you are new to investing or a veteran of the stock market, you may have heard of the efficient market theory, which posits that all public and private information is already factored into a stock’s price and that there is no room for accumulating excess profits. It sounds like a reasonable assumption, but in the interest of historical accuracy, it must be noted that some investors have a much better track record than others, making them worthy of emulation by enterprising investors. Skill does matter.

Since 1983, Forbes magazine has been chronicling changes in the wealth of the world’s richest people and doing it via official rankings on the Forbes 400 and more recently its annual ranking of the World’s Billionaires. Some of these mega-wealthy individuals are entrepreneurs like Bill Gates, Jeff Bezos and Elon Musk. But according to our records, the largest concentration of billionaires in the Forbes 400 comes from investing and finance, like Warren Buffett, who is noted for decades-long holdings of stocks and a net worth that currently exceeds $110 billion.