Pat Dorsey's top dividend stocks (August 2025) include ASML Holding NV (ASML), a leading provider of photolithography systems essential for semiconductor manufacturing.

Pat Dorsey is the founder of Dorsey Asset Management. He is well-known for his extensive work on economic moats, a concept popularized during his time at Morningstar, where he served as Director of Equity Research. His investment philosophy centers on identifying companies with sustainable competitive advantages.

ASML Holding NV (ASML)

ASML is a Dutch multinational corporation specializing in the development and manufacturing of photolithography systems. These complex machines are critical for producing integrated circuits or microchips. The company is a key supplier to major semiconductor manufacturers worldwide.

This position currently holds a value of $49.03 million in Pat Dorsey's portfolio. The stock offers a dividend yield of approximately 1.06%, with a trailing twelve-month dividend rate of $6.57. Analysts project a price target of $800.0 for ASML, aligning with a discounted cash flow valuation of $749.37.
Here's an overview of Pat Dorsey's trades in ASML Holding NV:

Aercap Holdings N.V. (AER)

AerCap Holdings N.V. is the world's largest independent aircraft leasing company. It leases commercial aircraft, engines, and helicopters to airlines globally, playing a crucial role in providing aviation assets without the need for airlines to purchase them outright.

Pat Dorsey's current position in AerCap is valued at $122.11 million. Shareholders receive a dividend yield of around 0.93%, with the trailing twelve-month dividend rate standing at $1.04 per share.
Here's an overview of Pat Dorsey's trades in Aercap Holdings N.V.:

Booking Holdings Inc (BKNG)

Booking Holdings Inc. is a leading global provider of online travel and related services. Its brands include Booking.com, Priceline, Agoda, Rentalcars.com, Kayak, and OpenTable, offering accommodations, flights, rental cars, restaurant reservations, and more to travelers worldwide.

The current value of Pat Dorsey's holding in Booking Holdings is $87.89 million. With a robust trailing twelve-month dividend rate of $36.7, the company offers a dividend yield of approximately 0.65%. The company has an analyst price target of $5.13K, and its discounted cash flow model suggests a valuation of $10.8K.
Here's an overview of Pat Dorsey's trades in Booking Holdings Inc:

Danaher Corp. (DHR)

Danaher Corporation is a global science and technology innovator focused on life sciences, diagnostics, and environmental and applied solutions. The company's diverse portfolio includes critical tools and services that help customers around the world solve complex challenges.

Pat Dorsey's portfolio currently holds $136.3 million in Danaher Corp. Danaher's dividend yield is about 0.57%, corresponding to a trailing twelve-month dividend rate of $1.18. Analysts have set a price target of $246.5 for the stock, while a discounted cash flow analysis indicates a value of $217.84.
Here's an overview of Pat Dorsey's trades in Danaher Corp.:

Alphabet Inc - Ordinary Shares - Class C (GOOG)

Alphabet Inc. is a multinational technology conglomerate, primarily known for its Google search engine. The company's vast array of products and services includes cloud computing, advertising technologies, autonomous driving, and artificial intelligence research, impacting billions of users globally.

The value of Pat Dorsey's current position in Alphabet (GOOG) stands at $123.19 million. For shareholders, the company offers a dividend yield of approximately 0.42%, with its trailing twelve-month dividend payout amounting to $0.81. An analyst price target for GOOG is $199.0, and a discounted cash flow valuation suggests $262.65.
Here's an overview of Pat Dorsey's trades in Alphabet Inc: