5 High Dividend Stocks Picked By Billionaire Ray Dalio

4. Kimberly-Clark Corporation (NYSE:KMB)

Bridgewater Associates’ Stake Value: $84,442,729
Dividend Yield as of November 22: 3.86%

Kimberly-Clark Corporation (NYSE:KMB) is a multinational company primarily engaged in the manufacturing and marketing of personal care and hygiene products. On November 16, the company declared a quarterly dividend of $1.18 per share, which was consistent with its previous dividend. The company’s dividend growth streak currently stands at 51 years, which makes KMB one of the best dividend stocks on our list. The stock has a dividend yield of 3.86%, as of November 22.

At the end of Q3 2023, 31 hedge funds in Insider Monkey’s database owned investments in Kimberly-Clark Corporation (NYSE:KMB), compared with 38 in the previous quarter. The total value of these stakes is over $790.4 million.

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