5 High-Dividend Stocks Picked By Billionaire Ray Dalio

3. Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Dividend Yield as of April 10: 5.38%
Bridgewater Associates’ Stake Value: $16,651,090

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) is next on our list of the best dividend stocks. At the end of Q4 2022, Bridgewater Associates owned stakes worth over $16.6 million in the company, which represented 0.09% of its 13F portfolio. During the quarter, the hedge fund slashed its position in the company by 22%.

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) currently offers a per-share dividend of $0.48 every quarter. The company has raised its dividends for 47 years in a row. The stock’s dividend yield on April 10 came in at 5.38%.

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) was a popular buy among hedge funds in Q4 2022, as 42 funds tracked by Insider Monkey owned stakes in the company, up from 39 in the previous quarter. The collective value of these stakes is over $1.08 billion.

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