5 High Dividend Stocks Picked By Billionaire Ray Dalio

Page 1 of 5

In this article, we discuss 5 high-dividend stocks picked by billionaire Ray Dalio. If you want to read our detailed analysis of Bridgewater Associates’ performance and recent developments, go directly to read 12 High Dividend Stocks Picked By Billionaire Ray Dalio

5. Philip Morris International Inc. (NYSE:PM)

Bridgewater Associates’ Stake Value: $81,966,721
Dividend Yield as of November 22: 5.61%

Philip Morris International Inc. (NYSE:PM) is a leading international tobacco company focused on manufacturing and marketing tobacco products worldwide. The company has been growing its dividends for 15 consecutive years and currently pays a quarterly dividend of $1.30 per share. The stock’s dividend yield on November 22 came in at 5.61%.

The number of hedge funds tracked by Insider Monkey owning stakes in Philip Morris International Inc. (NYSE:PM) jumped to 62 in Q3 2023, from 54 in the previous quarter. The consolidated value of these stakes is over $4.7 billion.

Follow Philip Morris International Inc. (NYSE:PM)

Page 1 of 5